Anthropic picks Nasdaq for its planned IPO listing

Anthropic has selected the Nasdaq for its potential IPO, targeting an October listing. Business Insider reported the exchange choice on 13 September 2026, according to a person familiar with the plans.

The filing is not public yet, and this is not a priced IPO.

Nasdaq also secured the SpaceX listing earlier in 2026, a deal valued at $1.75 trillion in the same report. Some estimates have put Anthropic at $2 trillion, though that figure has not yet been finalized. Valuation chatter is a market estimate, not a locked IPO price, and October is a target, not a completed listing.

The timing sits against OpenAI CEO Sam Altman saying it would be ill-advised for OpenAI to go public amid existential-risk controversy, including a former Anthropic employee warning of greater than 10% human extinction risk. That AI-capital tape also includes SoftBank's $11.9 billion loan to keep funding OpenAI. Historically the NYSE won many of the largest listings. Nasdaq remains strong in tech, including Cerebras and Rivian, and a Nasdaq listing is a prerequisite for Nasdaq 100 inclusion.

Anthropic will need to release its financials at least 15 days before it begins its investor road show. Market-maker and opening-price mechanics differ between the exchanges. Nasdaq had technical issues on Facebook's 2012 IPO day.