Polymarket traders put Anthropic’s chances of overtaking SpaceX and delivering the largest IPO of 2026 at 31.7%, down from roughly 46% a week earlier. SpaceX holds a commanding lead with a 65% to 66.5% probability after raising about $75 billion in its June 2026 IPO. Anthropic filed its Form S-1 with the SEC on October 26, 2026, and is targeting a Nasdaq debut under the ticker ANT with an expected valuation of $1.5 trillion to $2 trillion. The company reported $16.3 billion in revenue and an $80.7 billion net loss for the first half of 2026, with the loss driven by non-cash adjustments. The market therefore appears confident about the November listing, priced at an 85% probability, but uncertain whether Anthropic’s deal will be large enough to surpass SpaceX.
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