Anthropic May Join Nasdaq-100 Just 15 Days After IPO, Similar to SpaceX
Anthropic, the developer of AI models like Claude, is reportedly planning an initial public offering (IPO) on Nasdaq. If it follows a similar path as SpaceX did earlier this year, Anthropic could be added to the Nasdaq-100 index just 15 trading days after its IPO debut. This fast-track entry requires that the company's market value ranks among the top 40 in the index at listing. A recent funding round valued Anthropic at $965 billion, with some estimates for its IPO valuation now exceeding double that amount. If it meets size requirements and follows a November listing timeline, investors holding funds like Invesco QQQ Trust (QQQ) could gain exposure to Anthropic before the end of 2024. However, details remain speculative as no official confirmation has been provided by Anthropic. The company submitted its draft registration in June but had not made it public at time of writing.
Topics: AI industry Anthropic IPO Nasdaq-100