Anthropic is drawing up a plan that would let current shareholders sell stock in its IPO, setting it apart from SpaceX and Cerebras, the year’s other giant tech listings, according to Cory Weinberg and Valida Pau at The Information. It is also weighing a lockup longer than the standard 180 days on at least some holders, to keep the stock from swinging once it lists. Bankers have discussed a $1.5 trillion valuation, just under the $1.75 trillion SpaceX got at its IPO price, and Anthropic is expected to raise more than the $86 billion SpaceX took in June. Anthropic plans to publish its prospectus after Labor Day and hold an investor day in mid-September, with the offering likely in late September or early October.
