Anthropic picked Nasdaq for the IPO it has been targeting for October, according to Business Insider, which cited a person familiar with the plans. Nasdaq also won SpaceX’s listing earlier this year at a $1.75 trillion valuation, and some estimates put Anthropic near $2 trillion, though nothing is settled. The win matters to the exchanges rather than to Anthropic, since there’s no clear evidence a company trades better on one venue than the other, and both want the reputation as the default home for AI listings after years of thin tech IPO volume. Anthropic’s filing still isn’t public, and it has to put out financials 15 days or more before it starts an investor roadshow.
