What did the All-In podcast say about Anthropic's S-1 and IPO terms?

On All-In episode 295, Jason Calacanis said Anthropic's IPO, led by Goldman Sachs and Morgan Stanley, targets November 16 under the ticker ANT and aims to raise about $100 billion, which would make it the largest IPO ever, ahead of SpaceX. He cited a valuation range of $1.5 to $2 trillion, about $112 billion of cash, and a projected $100 billion of annualized revenue by year end. Seven founders will hold 50.1% of the voting power through a single class F share.

Calacanis said Anthropic raised $85 billion in June and that Q2 revenue was about $11.6 billion.
Polymarket gave a 78% chance that the IPO raises at least $95 billion, according to Calacanis.
Friedberg noted that 80% of the founders' shares are going into a nonprofit-style entity.
Chamath said he hopes the listing slips past November 11 so the filing must be updated with Q3 results.

Source: our own transcription of the episode. The full conversation is on All-In with Chamath, Jason, Sacks & Friedberg (2026-10-30). Read the whole episode summary →

▸More from this episode

Q2Why does David Sacks say Anthropic's $80 billion loss is not a real loss?Q3What valuation does Chamath Palihapitiya expect for the Anthropic IPO?Q4What did David Friedberg say about Anthropic's customer growth and the AI value chain?Q5Why does Chamath Palihapitiya say AI companies are competing with US Treasuries?Q6What does David Sacks say about Anthropic and recursive self-improvement?Q7Why did Google lose $500 billion in market value, according to the All-In hosts?Q8What did the All-In hosts predict for the 2026 midterm elections?

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