Anthropic, the company behind Claude AI models, confidentially filed its S-1 with the US SEC on June 1, 2026, targeting a valuation of up to $2 trillion, which would surpass SpaceX’s $1.8 trillion valuation. The firm raised $65 billion in a Series H funding round in May 2026 and reports an annual revenue run rate of approximately $47 billion, with forecasts of $100-120 billion for 2026 and $190-200 billion by 2028. Morgan Stanley, Goldman Sachs, JPMorgan and Citi are managing the deal, with the prospectus expected in late September 2026 and marketing launching mid-October. The offering may feature supervoting shares concentrating control with leadership, as CEO Dario Amodei holds roughly 2% of the company.
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