#AnthropicIPOValuation

BIG: Anthropic is holding meetings with potential investors to build momentum ahead of a possible IPO that could launch as soon as September or October, per WSJ. $ANTHROPIC

Anthropic’s confidential S-1 filing on Jun 1 shifts the debate from whether an IPO is coming to what public investors will demand from it. Reports of a possible September or early October listing and a latest private valuation near $965B create a demanding setup: rapid AI growth may support the headline, but public markets will also scrutinize compute intensity, competitive durability and capital efficiency. My read is that revenue growth alone will not settle the valuation question; the quality and cost of that growth will matter just as much. Not advice, just analysis. #AnthropicIPOValuation

Unitree priced its Shanghai IPO at ¥150.80 (~$22.36), with retail demand over 8,000×. Estimates point to an Aug. 17–20 trading window, likely around Aug. 20; no official date. @CharlesSchwab, will clients get access? If offered, I plan to buy through Schwab. @UnitreeRobotics

Anthropic goes on charm offensive with investors ahead of massive IPO that could rival SpaceX: report

If Anthropic does an IPO in September or October, that will be one of the key market events of the year. And we're building something very interesting, specifically for that focal point. Very soon.