Anthropic’s aggressive revenue trajectory and investor briefings projecting $190–200 billion in 2028 sales underpin the 75% market-implied odds on a 1.8T+ closing market cap. The company’s annualized run rate has surged past $65 billion by mid-2026, up from roughly $9 billion at the end of 2025, outpacing OpenAI in recent quarters while Claude model demand drives enterprise adoption. Confidential IPO filings, a planned public S-1 as soon as late August, and underwriting by Morgan Stanley, Goldman Sachs, and JPMorgan signal an October debut targeting or exceeding SpaceX’s record raise. This momentum, combined with hyperscaler backing and compute expansions, has elevated private valuations to $965 billion in May and supports trader consensus on a multi-trillion-dollar public debut.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated1.8T+ 75%
1.5–1.8T 14.5%
1.2–1.5T 4.2%
0.9–1.2T 3.4%
$342,452 Vol.
$342,452 Vol.
<0.6T
1%
0.6–0.9T
1%
0.9–1.2T
3%
1.2–1.5T
4%
1.5–1.8T
14%
1.8T+
75%
No IPO by December 31, 2027
3%
1.8T+ 75%
1.5–1.8T 14.5%
1.2–1.5T 4.2%
0.9–1.2T 3.4%
$342,452 Vol.
$342,452 Vol.
<0.6T
1%
0.6–0.9T
1%
0.9–1.2T
3%
1.2–1.5T
4%
1.5–1.8T
14%
1.8T+
75%
No IPO by December 31, 2027
3%
If no IPO occurs by December 31, 2027, 11:59 PM ET, the market will resolve to "No IPO by December 31, 2027".
Market capitalization expresses the monetary value of a company’s outstanding shares, stated in its pricing currency. It is calculated as the number of shares outstanding multiplied by the closing share price on the first trading day.
If the relevant value falls exactly between two brackets, then this market will resolve to the higher range bracket.
Resolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.
In the event of an interruption in the course of the normal trading session on Anthropic’s first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that as the first day of trading for purposes of this market.
Market Opened: Apr 30, 2026, 3:13 PM ET
Resolver
0x69c47De9D...If no IPO occurs by December 31, 2027, 11:59 PM ET, the market will resolve to "No IPO by December 31, 2027".
Market capitalization expresses the monetary value of a company’s outstanding shares, stated in its pricing currency. It is calculated as the number of shares outstanding multiplied by the closing share price on the first trading day.
If the relevant value falls exactly between two brackets, then this market will resolve to the higher range bracket.
Resolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.
In the event of an interruption in the course of the normal trading session on Anthropic’s first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that as the first day of trading for purposes of this market.
Resolver
0x69c47De9D...Anthropic’s aggressive revenue trajectory and investor briefings projecting $190–200 billion in 2028 sales underpin the 75% market-implied odds on a 1.8T+ closing market cap. The company’s annualized run rate has surged past $65 billion by mid-2026, up from roughly $9 billion at the end of 2025, outpacing OpenAI in recent quarters while Claude model demand drives enterprise adoption. Confidential IPO filings, a planned public S-1 as soon as late August, and underwriting by Morgan Stanley, Goldman Sachs, and JPMorgan signal an October debut targeting or exceeding SpaceX’s record raise. This momentum, combined with hyperscaler backing and compute expansions, has elevated private valuations to $965 billion in May and supports trader consensus on a multi-trillion-dollar public debut.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated

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