Seven Anthropic co-founders plan to cash out $1.75 billion in landmark IPO

Next week, Anthropic PBC will launch its IPO, with its seven co-founders collectively selling $1.75 billion worth of shares—a detail disclosed in the latest prospectus released on Tuesday, November 11. At the midpoint of the IPO price range, each founder will sell approximately $250 million worth of shares; according to the Bloomberg Billionaires Index, this valuation implies a net worth of roughly $18 billion per founder. San Francisco–based Anthropic also plans to raise up to $90.4 billion through this IPO and a concurrent private placement, implying a company valuation of approximately $1.4 trillion. According to deal terms obtained by Bloomberg, the IPO pricing date is set for November 18, with trading commencing the following day, November 19.