Anthropic Is Targeting a Valuation of Over $2 Trillion in Its IPO. Here's Why Smart Investors Will Wait Before Buying

Key Points Anthropic's revenue is growing rapidly, and it plans to raise $100 billion in an IPO. It is unclear how profitable the business is today. IPO stocks statistically underperform the indexes in subsequent years. These 10 stocks could mint the next wave of millionaires › Space Exploration Technologies smashed IPO fundraising records in June when it raised $85.7 billion at a $1.77 trillion valuation. In a few months, Anthropic is looking to top this figure. According to reports from various financial media sources, the rapidly growing artificial intelligence (AI) lab Anthropic wants to IPO at a $2 trillion valuation and raise a record $100 billion in the process.