Recent Bloomberg reporting on October 1 indicates Anthropic is now targeting a mid-November IPO, with formal marketing slated to begin the week of November 9 and trading potentially starting before Thanksgiving, after multiple delays from an earlier mid-October window. The shift allows the company to present full third-quarter results to investors amid surging revenue run rates that exceeded $65 billion by July 2026 and projections approaching $100–110 billion by year-end, supporting expectations for a roughly $2 trillion valuation. This trajectory aligns with the market's heavy weighting toward November 2026, while the low odds on October reflect the confirmed postponement and the modest probability assigned to December accounts for possible final slippage before year-end. Key near-term catalysts include the ongoing roadshow preparations and any updates on the $15 billion credit facility.