Anthropic plans to list on Nasdaq under the ticker ANT, with investor marketing beginning the week of November 9, 2026, and trading expected the week of November 16. Projections put the company’s valuation between $1.5 trillion and $2 trillion, while the offering could raise as much as $100 billion. In the first half of 2026, Anthropic generated $16.3 billion in revenue, up 1,300%, and reported its first operating profit in the second quarter, alongside an $80.7 billion net loss driven largely by non-cash accounting adjustments. The seven founders would own roughly 10% of the company, retain 50.1% voting power through a special share class, and hold stakes individually valued at an estimated $20 billion to $30 billion that could become tradable. They have pledged 80% of their shares to philanthropic causes, but the commitment is revocable, raising questions about the financial influence of the Effective Altruism network surrounding the company and its infrastructure commitments exceeding $500 billion.
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