# Anthropic's bankers plan to raise IPO price to $1.5T or more

> Original title: FT: Anthropic’s bankers plan to raise its IPO price after heavy investor demand, lifting the target valuation back to $1.5T or more.

- Source: Rohan Paul
- Published: 2026-11-11T00:58:06.000Z
- Bad Influence: https://badinfluence.news/items/cz4mtvxs9mkoakneekogd3v5n
- Original: https://x.com/rohanpaul_ai/status/2120320127484969162

## Summary

Anthropic's bankers plan to raise the IPO price after heavy investor demand, lifting the target valuation to $1.5T or more, according to the Financial Times. The filing set a $70-$78 share range, implying $1.26T to $1.41T, and pricing above that range would push proceeds past $100B. Three backers say Anthropic now prioritizes raising cash over maximizing valuation because it plans about $900B of compute and infrastructure spending.

## Why it matters

The post places the planned IPO price increase against the filing's share range, proceeds, and the company's compute spending, which helps readers judge the deal's scale.

## Post

FT: Anthropic’s bankers plan to raise its IPO price after heavy investor demand, lifting the target valuation back to $1.5T or more.

Tuesday’s filing set a $70-$78 share range, implying $1.26T to $1.41T once employee options and restricted shares are counted.

Pricing above that range would push proceeds past $100B, including $26B that Google, Nvidia and Microsoft will invest at the IPO price.

Three backers say Anthropic now cares more about raising cash than maximizing valuation, because it plans about $900B of compute and infrastructure spending.

![](https://badinfluence.news/api/img-proxy?u=https%3A%2F%2Fpbs.twimg.com%2Fmedia%2FHWzjqZKa8AAIK-T.jpg&mode=thumb&exp=1794614400&sig=f33f16b4a041e531)

## Quoted post @rohanpaul_ai

> Anthropic forges ahead with IPO roadshow
> They will sell up to 825M shares at $70 to $78 each, a range that values it at as much as $1.4T.
> 
> At the top of that range the deal raises about $64.4B, and Anthropic itself takes roughly $62.5B from 801M new shares.
> 
> Existing stockholders are selling only 23.6M shares, so almost all the cash funds the company instead of letting early investors exit.
> 
> Earlier talk had pointed to as much as $2T, and the cut follows a tech selloff and midterm results showing voters souring on AI data centers.
> 
> Even reduced, the price sits above the $1.25T private valuation OpenAI reached last week.
> 
> Shares are expected to start trading on Nasdaq under the ticker “ANT” as soon as Thursday or Friday next week.

https://x.com/rohanpaul_ai/status/2120224979098939403