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[Unconfirmed]

# Anthropic IPO buyers now weigh a valuation as low as $1.1 trillion, report says

Potential investors are discussing $1.2 trillion to $1.3 trillion ahead of formal marketing. Anthropic has not set a price.

Leaked on 06 November 2026

![Anthropic CEO Dario Amodei in London in 2023](https://leakly.com/assets/images/anthropic-ipo-valuation-1-1-trillion-hero.jpg)

Anthropic CEO Dario Amodei in London in 2023. [Photo: UK Prime Minister / Wikimedia Commons, cropped](https://commons.wikimedia.org/wiki/File:Dario_Amodei_in_2023.jpg) ([CC BY 2.0](https://creativecommons.org/licenses/by/2.0/))

Prospective buyers of Anthropic's IPO are discussing a valuation range of $1.2 trillion to $1.3 trillion, and some are weighing a value as low as $1.1 trillion, people familiar with the matter said, according to a report [The Edge Malaysia](https://theedgemalaysia.com/node/824939) carried on November 7. unusual\_whales (@unusual\_whales) shared the figures on X.

> **unusual\_whales** @unusual\_whales
>
> BREAKING: Potential Anthropic IPO buyers now see a valuation as low as $1.1 trillion, per Bloomberg.
> Ahead of formal IPO marketing next week, they’re discussing a range of $1.2 trillion to $1.3 trillion, with some going as low as $1.1 trillion, according to people familiar.
> That’s down from $1.4 trillion to $1.5 trillion before Thursday, when the Nasdaq 100 plunged 6.4% and lost a record $2.3 trillion in value in a single day.
>
> 997 likes · 73 reposts · counts as of 09 Nov 2026, 12:49 UTC
>
> — unusual\_whales (@unusual\_whales) [November 6, 2026](https://twitter.com/unusual_whales/status/2118760070888796583)

[Leakly track record](https://leakly.com/leakers/unusual_whales/)

Investors had earlier told bankers their estimate of fair value had moved to about $1.4 trillion to $1.5 trillion, the report says. That shifted again after the Nasdaq 100 fell 6.4% on November 5 in a post-election selloff. Formal IPO marketing was expected to start the following week.

Anthropic has not set a price range publicly.

## What we know

* Potential buyers are discussing $1.2 trillion to $1.3 trillion, with some at $1.1 trillion.
* The Nasdaq 100 fell 6.4% on November 5.

## What we don't know

* The official price range.
* IPO date.

## What would confirm it

Anthropic's registration filing with a price range.

## Sources

* [Original X post by @unusual\_whales](https://x.com/unusual_whales/status/2118760070888796583)
* [Anthropic IPO buyers see valuation as low as US$1.1 tril](https://theedgemalaysia.com/node/824939)

[Unconfirmed]

## What happened later

Anthropic has not set a price range publicly.

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