Anthropic's IPO revives jitters about the market's ability to absorb a deluge of AI stock

The Anthropic IPO excitement is running high, but with the company's S-1 filing has come a question about how markets might react to yet another historic AI offering. It's similar to a question that cropped up ahead of the SpaceX IPO this summer: can an IPO of such size have a negative impact on the market? Anthropic submitted its long-awaited IPO filing on Monday, with the AI giant expected to target a $1.5 trillion to $2 trillion valuation when it makes its debut on the Nasdaq in November. The valuation would make Anthropic the largest IPO ever, and it's already unleashing a wave of concern from investing experts about how the market might be able to absorb another historic AI offering, just months after SpaceX's IPO.

First reported by Insider. This page is a short excerpt; the full text is theirs.