#AnthropicPicksNasdaqForIPO

On September 13, 2026, multiple media outlets reported that Anthropic PBC had selected Nasdaq as the listing venue for its initial public offering, with the target window pointing to October at the earliest and the fundraising target seeking to match or exceed SpaceX’s level. On the same day, Reuters cited people familiar with the matter as saying that Nvidia was in talks to participate in the IPO as an anchor investor, with the investment potentially reaching $10 billion, corresponding to an expected valuation of approximately $2 trillion.
Taken together, these two figures form a tension worth unpacking. The $10 billion anchor investment would mark another major bet by Nvidia following a similar commitment announced in November 2025. Meanwhile, the expected $2 trillion valuation would mean that Anthropic needs to complete the transition from a $965 billion post-money valuation to an IPO within several months.