Anthropic’s most recent priced round valued the company at $965 billion post-money following its $65 billion Series H in May 2026. The primary near-term catalyst is its planned Nasdaq IPO under ticker ANT, with shares priced between $70 and $78 to target up to $1.4 trillion on a fully diluted basis and raise roughly $64 billion plus a $26 billion private placement from investors including Google and Nvidia. Trading is scheduled to begin November 19. Run-rate revenue reached $81 billion as of October 31 amid strong Claude adoption, though a recent AI-sector sell-off has moderated earlier $2 trillion IPO speculation. Market-implied odds will reflect trader views on whether the IPO debut or any secondary trading by November 30 pushes valuation above the resolution threshold.