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Updated 14 min. ago

Will Anthropic's market cap be between $2.0T and $2.25T at market close on IPO day?
20 %
chance
Anthropic IPO Closing Market Cap
10 outcomesTotal volume
$415.8K
24h vol.
$15.2K
1w vol.
$119.9K
1m vol.
$296.4K
Liquidity
$14.5K
Bid / Ask
20¢ / 21¢
Spread 1¢
Last trade
21¢
Start date
Jun 1, 2026
End date
Jan 1, 2028
ends in 1 yr.
How reliable is this price range?
Of 3,432 resolved Polymarket markets across all topics priced 15–35% seven days before resolution, 30.3% resolved YES. That is 4.7 points more often than their average price of 25.6% implied — prices in this range have tended to run low.
This topic alone has too few resolved cases in this range, so all topics are shown.
A historical frequency for the price range, not a probability for this market and not advice. How we measure this
Orderbook
Spread: 1¢Snapshot from cache
The AI's estimate
6 pp gapsonar · analysed 1 day ago
From the daily AI research
The market's 16.3% price is directionally consistent with the latest evidence, and the October 15-17 reports of investor discussions around a $1.5 trillion valuation are the main new information arguing against a $2.0T-$2.25T first-day close.[1][2][3] I estimate a 14% YES probability, moving 2.3 percentage points below the market price because the recent valuation reset is specific and material, while retaining meaningful probability for a renewed bid, an IPO before the deadline, and first-day enthusiasm. The largest risks are that the IPO may be delayed or withdrawn and that the rules require an official first-day closing market cap rather than the headline IPO valuation. Confidence is medium because the recent reporting is substantive but relies on sources familiar with the matter, the IPO is not yet publicly priced, and the exchange/source treatment is only partly specified.
Two of the key facts
- Reports published October 15-17 said some current and prospective investors were discussing an Anthropic valuation near $1.5 trillion for a planned November IPO, below earlier expectations near $2 trillion, amid slower sequential revenue growth. [1][2][3][6]
- Anthropic confidentially submitted a draft S-1 in June, but the offering remains dependent on SEC review, market conditions and other factors; the number of shares and IPO price were not set. [4][10]
Resolution risk: medium — read the rules before relying on the title.
Bull and bear case, the remaining facts and the full resolution analysis come with a plan.
Sources, key facts and what would change the call.
✦ AI assessment
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Recent trades (50)
| Time | Side | Price | Size |
|---|---|---|---|
| 32 min. ago | Sell | 79¢ | 0 |
| 32 min. ago | Buy | 79¢ | 0 |
| 36 min. ago | Sell | 21¢ | 8 |
| 36 min. ago | Sell | 79¢ | 8 |
| 37 min. ago | Sell | 79¢ | 178 |
| 37 min. ago | Sell | 21¢ | 178 |
| 37 min. ago | Sell | 21¢ | 51 |
| 37 min. ago | Buy | 21¢ | 51 |
| 37 min. ago | Sell | 79¢ | 10 |
| 37 min. ago | Buy | 79¢ | 10 |
| 39 min. ago | Sell | 78¢ | 5 |
| 39 min. ago | Buy | 78¢ | 5 |
| 39 min. ago | Sell | 19¢ | 83 |
| 39 min. ago | Buy | 19¢ | 83 |
| 39 min. ago | Sell | 19¢ | 8 |
| 39 min. ago | Buy | 19¢ | 8 |
| 39 min. ago | Sell | 19¢ | 49 |
| 39 min. ago | Buy | 19¢ | 30 |
| 39 min. ago | Sell | 81¢ | 19 |
| 39 min. ago | Sell | 19¢ | 10 |
| 39 min. ago | Buy | 19¢ | 10 |
| 39 min. ago | Sell | 77¢ | 18 |
| 39 min. ago | Buy | 77¢ | 8 |
| 39 min. ago | Buy | 77¢ | 10 |
| 39 min. ago | Sell | 19¢ | 2 |
| 39 min. ago | Buy | 19¢ | 2 |
| 39 min. ago | Buy | 81¢ | 2,018 |
| 39 min. ago | Sell | 81¢ | 1,406 |
| 39 min. ago | Buy | 19¢ | 10 |
| 39 min. ago | Sell | 81¢ | 16 |
| 39 min. ago | Sell | 81¢ | 84 |
| 39 min. ago | Sell | 80¢ | 16 |
| 39 min. ago | Sell | 79¢ | 50 |
| 39 min. ago | Buy | 21¢ | 51 |
| 39 min. ago | Buy | 22¢ | 385 |
| 39 min. ago | Sell | 23¢ | 3,750 |
| 39 min. ago | Buy | 23¢ | 111 |
| 39 min. ago | Buy | 23¢ | 100 |
| 39 min. ago | Buy | 23¢ | 60 |
| 39 min. ago | Buy | 23¢ | 55 |
| 39 min. ago | Buy | 23¢ | 58 |
| 39 min. ago | Buy | 23¢ | 100 |
| 39 min. ago | Buy | 23¢ | 215 |
| 39 min. ago | Buy | 23¢ | 50 |
| 39 min. ago | Buy | 23¢ | 2,000 |
| 39 min. ago | Buy | 24¢ | 161 |
| 39 min. ago | Buy | 24¢ | 220 |
| 39 min. ago | Buy | 24¢ | 50 |
| 39 min. ago | Sell | 76¢ | 22 |
| 39 min. ago | Buy | 24¢ | 50 |
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