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Anthropic's IPO Is Cratering (futurism.com)

submitted 6 days ago by throws_lemy to c/fuck_ai@lemmy.world

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Anthropic, which officially filed to go public at a rumored valuation of up to $2 trillion dollars just a week before the elections.

As Bloomberg reports, those prospects are in free fall as the chaos takes hold. Some investors are now weighing bids that would value Anthropic as low as $1.1 trillion. While that’s still a huge valuation for a company that lost over $80 billion in the first half of 2026 alone, it’s a massive drop compared to the previously unbridled enthusiasm surrounding the firm’s IPO.

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[-] Treczoks@lemmy.world 32 points 5 days ago

Have they tried the classical method of adding up what they actually own and what they owe to others, and then factor in what they have earned in the last ten years? That would give a clear and fair evaluation of the company for an IPO.

[-] bumblebeer@lemmy.world 9 points 5 days ago

That's not how any IPO works.

[-] prime_number_314159@lemmy.world 12 points 5 days ago

There was, once upon a time, some limit to the market valuation of a company that approximated the most money they could earn if they came to dominate their entire market, times the inverse of the rate of return for highly secure (like AAA) bonds.

Now speculation assumes that companies will grow to exceed the size of their whole industry, perhaps in the near future, and returns from highly secure investments were really low post covid (resulting in pretty much a 40x valuation multiplier), which has just... held on since then.

It's weird, and I don't like it. Why should a company ever be worth more than all the money it could ever make?

[-] Hypnotoad_@sh.itjust.works 3 points 5 days ago

Because it's a grift

[-] granola_bats@lemmy.world 1 points 5 days ago

Not Spacex, the company that is 80% an ai company?

[-] bumblebeer@lemmy.world 5 points 5 days ago

What?

this post was submitted on 07 Nov 2026

421 points (99.3% liked)

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