Wall Street is already treating an Anthropic IPO as more than just a rumor. Reports are floating a $2 trillion listing as early as October, following the filing of a confidential S-1 earlier this summer. In May, Anthropic told the public its annualized revenue run rate had cleared $47 billion. The company subsequently said its ARR reached $65 billion in July. At a $2 trillion market cap, that represents nearly 31 times the July ARR figure. Moreover, an offering of this size would surpass Space Exploration Technologies' IPO, which was listed at around $1.8 trillion in June, as the biggest IPO ever. Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.
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