Anthropic Still Plans to Go Public as Soon as Next Week: Report

Artificial Intelligence Anthropic Still Plans to Go Public as Soon as Next Week: Report The company's expected valuation has plummeted from $2 trillion to $1 trillion. 9, 2026, pm ET Reading time 2 minutes CEO of Anthropic Dario Amodei looks on as U. President Donald Trump holds a press briefing with AI executives following a meeting on artificial intelligence, outside the West Wing of the White House on September 29, 2026 in Washington, DC. © Kevin Dietsch/ Read Later Read Later Comments (6) Anthropic still plans to go public later this month despite Wall Street’s anxiety around the company’s plans for an initial public offering and questions about the true valuation of AI companies more broadly, according to a new report from the Wall Street Journal. Shares in Anthropic, which will be listed on the Nasdaq as ANT, could become available as soon as Oct. 19 or 20, according to the Journal. As recently as a few months ago there was speculation that Anthropic could be valued at roughly $2 trillion, which would have made it the most valuable company to ever go public. SpaceX was valued at $1.77 trillion when it went public in June. But those dreams of a record-setting valuation appear much less likely to be fulfilled these days. Last week, investors landed on $1.5 trillion being a much more realistic valuation after AI-adjacent stocks took a beating. CNBC reported on Friday that $1 trillion to $1.25 trillion appeared to be a “more likely” valuation for Anthropic. The tech-heavy Nasdaq saw its worst month in quite a while this October as the chipmakers and so-called neoclouds saw their stocks sink. Nvidia hit an all-time high of $243.37 per share on October 6, only to sink to $204 per share at the end of the month. Nvidia has crashed even further in November, closing Monday at $178.67. Nvidia was hit particularly hard on Monday over news that CEO Jensen Huang had engaged in an extramarital affair with a woman suspected of being a Chinese spy. Huang posted a public apology to his wife and children over the affair, but his personal life may be the least of his worries. There’s concern among investors that he may have harmed U. S. national security a cutout for the Chinese government. President Donald Trump said during a press conference Monday that the FBI was investigating the incident. “He’s an amazing guy. I just hope there’s no problem. If there is a problem, we’ll let you know about it.