Anthropic’s rapid ascent to a $965 billion post-money valuation after its $65 billion Series H round in May 2026, paired with a confidential S-1 filing in June and an expected fall 2026 IPO window, underpins the overwhelming 95.8% market-implied odds for a closing market cap above $600 billion. Traders are pricing in continued revenue momentum, with run-rate figures exceeding $47 billion and third-party trackers near $70 billion ARR, alongside profitability projections and leadership in large language model capabilities through Claude. Competitive positioning against OpenAI and analyst speculation of a potential trillion-dollar or higher debut further reinforce the consensus. While delays from SEC review, adverse market conditions, or slower adoption could compress the outcome, current verified developments leave little room for lower brackets.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated600B+ 95.8%
No IPO by December 31, 2027 3.0%
400–600B 1.0%
300–400B <1%
$420,580 Vol.
$420,580 Vol.
<100B
<1%
100–200B
<1%
200–300B
<1%
300–400B
<1%
400–600B
1%
600B+
96%
No IPO by December 31, 2027
3%
600B+ 95.8%
No IPO by December 31, 2027 3.0%
400–600B 1.0%
300–400B <1%
$420,580 Vol.
$420,580 Vol.
<100B
<1%
100–200B
<1%
200–300B
<1%
300–400B
<1%
400–600B
1%
600B+
96%
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: Feb 4, 2026, 1:21 PM ET
Resolver
0x2F5e3684c...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
0x2F5e3684c...Anthropic’s rapid ascent to a $965 billion post-money valuation after its $65 billion Series H round in May 2026, paired with a confidential S-1 filing in June and an expected fall 2026 IPO window, underpins the overwhelming 95.8% market-implied odds for a closing market cap above $600 billion. Traders are pricing in continued revenue momentum, with run-rate figures exceeding $47 billion and third-party trackers near $70 billion ARR, alongside profitability projections and leadership in large language model capabilities through Claude. Competitive positioning against OpenAI and analyst speculation of a potential trillion-dollar or higher debut further reinforce the consensus. While delays from SEC review, adverse market conditions, or slower adoption could compress the outcome, current verified developments leave little room for lower brackets.
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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