# Anthropic sets IPO price range of $70 to $78, looks to trade Nov. 19

> Anthropic plans to offer 825 million shares in an upcoming initial public offering targeting a valuation up to $1.405 trillion.
- Title: Anthropic sets IPO price range of $70 to $78, looks to trade…
- Summary: Anthropic plans to offer 825 million shares in an upcoming initial public offering targeting a valuation up to $1.405 trillion.
- Keywords: anthropic, initial public offering, nasdaq, dario amodei, claude, spacex, artificial intelligence, CNBC
- Source: CNBC — https://cnbc.com/2026/11/10/anthropic-sets-price-range-of-70-to-78-in-upcoming-ipo.html?__source=androidappshare
- Author: Ashley Capoot,Leslie Picker
- Published: 2026-11-10T11:40:11+00:00
- Read time: 1 min
- Topics: anthropic, initial public offering, nasdaq, dario amodei, claude, spacex, artificial intelligence
## Anthropic sets price range
Artificial intelligence lab Anthropic set its initial public offering price range between $70 and $78 per share.
## Trading set for November
Anthropic plans to trade November 19 on Nasdaq, offering roughly 20 percent of shares to retail investors.
## Potential trillion dollar valuation
At the top price range, Anthropic could raise $64.35 billion and reach a $1.405 trillion valuation.
## Tech giants buy shares
Tech companies including Google, Microsoft, and Nvidia agreed to buy $26 billion of Anthropic private placement stock.
## Market and political headwinds
Recent congressional midterm elections and rising interest rates created public market skepticism around high debt for AI infrastructure.
## Demand beats previous records
Institutional demand for Anthropic is stronger than SpaceX, with book orders already fully covered within the price range.
## AI models launched ahead
Chief executive Dario Amodei co-founded Anthropic in 2021, recently releasing new Claude Fable and Mythos 5.2 models.
## Financial growth and vision
Nine month revenue reached $33.24 billion, as co-founders urged shareholders to help chart a safe AI future.

> Our aim is to help humankind chart a safe course through this technological evolution
## Key takeaway

Anthropic set its IPO price range between $70 and $78 per share, targeting a valuation up to $1.405 trillion.