ANTHROPIC
Claude’s IPO story now has a SpaceX bill
Anthropic has confidentially filed for a potential IPO with the US Securities and Exchange Commission, giving the AI company the option to go public once regulators finish their review.
The company said any listing will still depend on market conditions.
A confidential filing does not set a fixed IPO date, but it is an important step towards a possible public debut.
Anthropic’s move comes as OpenAI is reportedly preparing its own filing, while SpaceX has already filed its prospectus and is expected to begin its investor roadshow this week.
Founded in 2021 by former OpenAI staff, Anthropic is best known for Claude, its family of AI models, including the coding assistant Claude Code.
The company has grown quickly this year. In May, it said its revenue run rate had reached $47 billion, up from $10 billion last year.
It also raised fresh funding at a $965 billion valuation, ahead of OpenAI’s reported $852 billion valuation in March.
Part of that momentum comes from Claude Mythos Preview, a cybersecurity-focused AI model released to selected companies through Anthropic’s Project Glasswing initiative.
The company has also been speaking with senior Trump administration officials about the model’s capabilities.
What matters here:
Anthropic has taken a major step towards a possible IPO.
Claude’s growth is being driven by coding, business use, and cybersecurity.
Its Pentagon dispute is still ongoing, but private-sector demand remains strong.
Compute is rent
Anthropic is still dealing with a dispute with the Pentagon, which blacklisted its models after talks with the company broke down.
Defence contractors dropped Anthropic to comply with the order, but business demand for its AI tools has continued to grow.
Claude has also gained ground with consumers, reaching the No. 1 spot on Apple’s US free app chart in late February.
To support its growth, Anthropic has signed major infrastructure deals, including an agreement with SpaceX to use spare compute at its Colossus 1 data centre in Memphis.
Under the deal, Anthropic will pay SpaceX $1.25 billion per month until May 2029, though either side can end the agreement with 90 days’ notice.
Claude has a Pentagon lawsuit, a SpaceX bill, and Wall Street attention. Busy week for a chatbot.- MG