# Anthropic IPO: What the S‑1 Shows and How Buying Would Work

> Where the Anthropic IPO stands as of Nov 5, 2026, what the filing says about revenue, losses, compute bills and control, how shares would reach individual investors, and how 13 large tech listings did in their first year.

Source: https://www.exent.ai/resources/anthropic-ipo-s1-explained · Reviewed by David, Senior Analyst, Exent · Published Nov 5, 2026 · Updated Nov 5, 2026

## Key takeaways

- As of Nov 5, 2026, Anthropic shares are not publicly exchange‑traded. It filed an S‑1 on Oct 26 and an amendment on Nov 2 and plans to list on Nasdaq as ANT; price range, share count and date are still blank.
- Nine months to Sep 30, 2026: revenue $33.2B (2025 period: $2.5B), net loss $104.0B, of which $94.3B is a non‑cash fair‑value charge. The operating loss was $1.3B and operating cash flow was +$6.6B.
- The larger number to read is commitments: about $895.4B of obligations, substantially all compute and infrastructure, with about $69.8B due within 12 months. About $213.8B can still be terminated or depends on conditions.
- Class A buyers get one vote per share, but a founder entity holds 50.1% of the vote and a trust elects a majority of the board. The filing says Class A holders generally will not be able to affect outcomes.
- In 13 large tech listings, the median first‑year return from the first‑day close was −26.4%, the median lowest close was −51.7% from that price, and SPY’s median was +15.1%. Against the IPO price, the median was +1.3%. A small sample, not a forecast.

## What has Anthropic filed, and what is not set yet?

Anthropic has filed publicly, but the price and date are not set. The [S‑1 of Oct 26](https://www.sec.gov/Archives/edgar/data/2130357/000162828026067168/anthropicpbc-sx1.htm) carried results to Jun 30. The [amendment of Nov 2](https://www.sec.gov/Archives/edgar/data/2130357/000162828026068676/anthropicpbc-sx1ax1.htm) added the third quarter, so older first‑half headlines ($16.3B revenue, $80.7B loss) are now out of date. Everything below comes from the Nov 2 filing unless stated.

| Item | Status on Nov 5, 2026 |
| --- | --- |
| Exchange and ticker | Applied to list Class A stock on the Nasdaq Global Select Market as ANT |
| Price range | Blank |
| Shares offered | Blank, both company and selling stockholders |
| Listing date | Blank. The registration statement must first become effective |
| Lead names on the cover | Goldman Sachs, Morgan Stanley, J.P. Morgan and 19 other banks |
| Use of proceeds | General corporate purposes, including compute and infrastructure, and tax payments tied to employee stock |
| Dividends | None expected in the foreseeable future |

Dates and valuations in the news are press reports, not filing facts. For example, [Techloy, citing Fortune](https://www.techloy.com/anthropic-ipo-date-price-ticker/), reported on Oct 26 a listing in the week of Nov 23 and a target of $1.5 trillion to $2 trillion. Neither figure appears in the filing as an offer term. The price range should appear in a later amendment.

## What do the S‑1 numbers show?

Revenue rose quickly, the operating result was close to break‑even, and the reported net loss was very large. Nine‑month and quarterly figures are unaudited; full years are audited.

| Measure | Period or date | Figure | For comparison |
| --- | --- | --- | --- |
| Revenue | 9 months to Sep 30, 2026 | $33,242M | $2,545M in the same 2025 period; $4,585M in all of 2025 |
| Revenue, latest quarter | Q3 2026 | $16,956M | $11,555M in Q2 2026 |
| Compute and infrastructure cost | Q3 2026 | $9,863M (58.2% of revenue) | $5,558M (48.1%) in Q2 2026 |
| Operating result | 9 months to Sep 30, 2026 | −$1,260M | Q2 2026 +$974M; Q3 2026 −$567M |
| Net loss | 9 months to Sep 30, 2026 | −$104,039M | −$41,965M in all of 2025 |
| Fair‑value charge (non‑cash) | 9 months to Sep 30, 2026 | −$94,324M | 90.7% of the net loss |
| Other expense, net | 9 months to Sep 30, 2026 | −$10,397M | Mainly fair‑value changes on investments and financial instruments |
| Operating cash flow | 9 months to Sep 30, 2026 | +$6,569M | −$2,637M in all of 2025 |
| Equipment and prepayments for leased assets | 9 months to Sep 30, 2026 | −$2,880M | The filing expects capital spending to rise significantly |
| Cash and short‑term investments | Sep 30, 2026 | $131,845M | Preferred stock raised $110,432M in the nine months |
| Remaining performance obligations | Sep 30, 2026 | $13.8B | About 75% expected as revenue within 12 months |
| Customer concentration | 9 months to Sep 30, 2026 | Top five about 25% of revenue | No single customer above 10% |

Remaining performance obligations count only non‑cancelable commitments, which helps explain why the figure is small next to quarterly revenue. The filing says many top customers have no long‑term contract and can reduce spending at any time. How these contract measures differ is covered in [backlog, RPO and ARR](https://www.exent.ai/resources/backlog-rpo-arr-explained).

## How do you read a $104 billion loss?

Split it into what the business did and what accounting revaluations did. The nine‑month loss adds up this way: operating loss $1,260M, plus interest income of $2,359M, less the $94,324M fair‑value charge, less $10,397M of other expense, less $417M of tax.

The largest line moved against the company because its value rose. Anthropic sold convertible notes that turn into stock. The filing says the charge was driven mainly by a higher fair value of those notes as its enterprise valuation increased. No cash left the company for that line.

Non‑cash does not mean costless. Three items still matter to a shareholder:

- **Dilution.** Convertible notes become shares, so the same company is split among more holders. The filing allows up to $77.0B more of these notes, subject to conditions.
- **Stock pay.** Stock‑based compensation was $3.3B in the nine months, with another $24.1B not yet expensed.
- **Direction of costs.** Excluding fair‑value lines does not show a steady profit. The operating result went from +$974M in Q2 to −$567M in Q3. Compute costs rose 77.5% that quarter, against 46.7% for revenue.

Operating cash flow also needs context. The +$6,569M does not count spending on equipment or prepayments for leased assets, and the filing says it expects significant net cash used in operating and investing activities for the foreseeable future.

## How large are Anthropic’s compute commitments?

About $895.4B in aggregate, substantially all for compute and infrastructure, spread over many years: about $447.5B is expected before Dec 31, 2030, and substantially all the remainder from 2031 to 2045. Some of it is not firm: about $213.8B is subject to termination rights or conditions before it starts. On top of the total, the filing estimates another $150B to $175B under arrangements with no fixed dollar amount. Background on who supplies this capacity is in [the AI compute supply chain](https://www.exent.ai/resources/ai-compute-supply-chain).

| Commitment named in the filing | Amount | Term | How firm |
| --- | --- | --- | --- |
| Google hosting | At least about $121.3B | Apr 2026 – Jul 2033 | Non‑cancelable except for uncured breach |
| Amazon | At least $110.0B | May 2026 – Apr 2036 | Non‑cancelable except for uncured breach |
| Microsoft | At least $44.9B | Nov 2026 – Jun 2033 | Non‑cancelable except for breach or undelivered tranches |
| SpaceX’s AI unit | Up to $120.5B | Into 2029 | Either side can cancel on 90 days’ notice after early 2027 |
| AMD systems | Expected above $20.0B | First tranche in 2027 | No fixed dollar commitment; conditions apply |

About $69.8B falls due in the 12 months after Sep 30, against $131.8B of cash and short‑term investments before any IPO proceeds. The filing also says that some compute suppliers and chip partners provide capital or credit support and also compete with Anthropic, and that it may not receive the full amount of compute it seeks, even under contract.

## What voting rights would Class A shares have?

One vote per share, in a structure where outside holders generally cannot decide outcomes. The filing says so directly: Class A holders generally will not be able to affect the result of a stockholder vote or the election of directors, regardless of how they vote, unless a majority of the continuing founders cannot agree on how to vote Class F. In that case Class F generally votes in proportion to Class A.

| Class | Held by | Votes | Economic rights |
| --- | --- | --- | --- |
| Class A | IPO buyers and others | One per share | Yes |
| Class N | Mainly strategic partners | None, except as law requires | Yes; generally converts to Class A on sale to an unaffiliated party |
| Class F | One share, held by the seven co‑founders’ LLC | 50.1% of total voting power | None |
| Class T | Long‑Term Benefit Trust | Elects directors who form a board majority | None |
| Class E | Employees, excluding co‑founders | Certain limited matters only | None |

Anthropic is also a public benefit corporation, so its directors must balance shareholders’ financial interests against those affected by its conduct and its stated purpose. It will be a Nasdaq “controlled company”, and says it expects to use that exemption only for its nominating committee. Class F lasts until fewer than three continuing founders remain, followed by a transition period, or until it is redeemed.

## How would buying Anthropic stock work?

There are two routes once the deal is live, and neither exists today.

- **An IPO allocation, at the IPO price.** The filing says a portion of shares is expected to reach retail investors through Charles Schwab, Fidelity, Robinhood, Trade‑PMR, SoFi and E*TRADE from Morgan Stanley, on top of underwriters’ own retail allocations. Each platform sets its own conditions. The filing gives no retail share size, and it describes a separate retail offer in parts of the European Economic Area.
- **The open market, from the first trade.** Investors whose broker supports ANT and permits trading in their jurisdiction could buy once it opens, at the market price; IPO allocations are not guaranteed. That can be far from the IPO price: [Cerebras priced at $185](https://www.sec.gov/Archives/edgar/data/2021728/000162828026035214/cerebras-424b4.htm) in May 2026, opened at $350 and closed its first day at $311.07.

**Private shares and tokens.** Anthropic’s [help page](https://support.claude.com/en/articles/13704655-unauthorized-anthropic-stock-sales-and-investment-scams) (shown as dated Jun 29, 2026) says stock sales its board has not approved are “void”, that it does not permit special purpose vehicles to acquire its stock, and that public offers through “tokenized securities, or other mechanisms” are likely an investment with no value. Some sellers dispute how far such restrictions reach, and we take no position. The risks a buyer of any such product carries are that it may not own what it thinks it owns, the price may not track the real company, and the exit may be limited. Listed funds that say they hold private AI shares are a separate case: their holdings and any premium to underlying value are in their own documents. Tokens more broadly are covered in [can US investors buy tokenized stocks](https://www.exent.ai/resources/can-us-investors-buy-tokenized-stocks).

**Lock‑ups.** Insiders’ shares would not all stay off the market for a single 180‑day period. The filing’s schedule starts releases on the first trading day, with more on the 27th, 48th, 62nd and 76th calendar days after the prospectus date and after the 2026 annual results, subject to the filing’s conditions. Share counts are still blank. How to read a schedule like this is in the IPO lock‑up plan.

## Would index funds own Anthropic?

A Nasdaq‑100 fund could own it within weeks if it qualifies. An S&P 500 fund could not for at least a year, and profitability is a further test. The rules below are as published in 2026, and we found nothing from either provider specific to Anthropic.

| Index | Timing rule | Other tests | Where Anthropic stands |
| --- | --- | --- | --- |
| Nasdaq‑100 | Fast entry: evaluated at the end of the 7th trading day, normally added after the 15th, subject to other eligibility and liquidity rules. Timing can shift near a rebalance | Must rank in the top 40 members by full market value, including unlisted shares. Weight is capped at three times the free float’s value | Depends on value at listing, which is unknown. SpaceX joined on Jul 7, 2026 this way |
| S&P 500 | At least 12 months after listing; a proposed cut to six months was rejected | Positive GAAP net income in the latest quarter and over the latest four quarters; minimum float | Last four reported quarters total a net loss of −$120.9B |

Sources: [Invesco’s summary of the May 2026 Nasdaq‑100 changes](https://www.invesco.com/apac/en/institutional/insights/etf/nasdaq-100-index-methodology-updates.html), the [S&P Dow Jones Indices decision of Jun 4, 2026](https://press.spglobal.com/2026-06-04-S-P-Dow-Jones-Indices-Consultation-on-Treatment-of-MegaCap-Companies-Results) and [a report on SpaceX’s entry](https://finance.liga.net/en/amp/stock/news/spacex-to-join-nasdaq-100-index-on-july-7-amid-strong-demand). So a plain S&P 500 index fund holder would have no ANT at first, while a Nasdaq‑100 fund holder might within about three weeks of trading.

## What did the first year look like for big tech listings?

Most of these 13 stocks closed lower a year later than on their first day. Nine of 13 did, 7 fell 50% or more below that close at some point, and only Arm and CoreWeave beat SPY from that close. Buying at the IPO price looked better: 6 of the 12 with an IPO price were above it after a year, and 10 of 12 closed day one above it. Daily prices are Exent market data.

| Listing (first trading day) | IPO price | First‑day close | 1 year later vs first‑day close | 1 year later vs IPO price | Deepest drop below first‑day close | SPY, same window |
| --- | --- | --- | --- | --- | --- | --- |
| Facebook (May 18, 2012) | $38.00 | $38.23 | −31.3% | −30.9% | −53.6% | +31.5% |
| Alibaba (Sep 19, 2014) | $68.00 | $93.89 | −30.0% | −3.3% | −35.1% | −0.7% |
| Snap (Mar 2, 2017) | $17.00 | $24.48 | −26.4% | +5.9% | −51.7% | +15.1% |
| Uber (May 10, 2019) | $45.00 | $41.57 | −21.1% | −27.1% | −64.3% | +3.6% |
| Snowflake (Sep 16, 2020) | $120.00 | $253.93 | +27.4% | +169.6% | −25.9% | +34.0% |
| DoorDash (Dec 9, 2020) | $102.00 | $189.51 | −13.0% | +61.6% | −40.4% | +28.9% |
| Airbnb (Dec 10, 2020) | $68.00 | $144.71 | +24.7% | +165.3% | −13.8% | +30.2% |
| Coupang (Mar 11, 2021) | $35.00 | $49.25 | −64.6% | −50.2% | −64.6% | +8.2% |
| Coinbase, direct listing (Apr 14, 2021) | None ($250 reference) | $328.28 | −55.1% | n/a | −55.1% | +7.8% |
| DiDi Global (Jun 30, 2021) | $14.00 | $14.14 | −79.1% | −78.9% | −89.8% | −10.6% |
| Rivian (Nov 10, 2021) | $78.00 | $100.73 | −67.3% | −57.7% | −79.5% | −13.6% |
| Arm (Sep 14, 2023) | $51.00 | $63.59 | +131.8% | +189.0% | −24.7% | +26.5% |
| CoreWeave (Mar 28, 2025) | $40.00 | $40.00 | +87.0% | +87.0% | −11.4% | +15.4% |
| Median of the 13 |  |  | −26.4% | +1.3% | −51.7% | +15.1% |

**Selection rule.** Every IPO from 2012 on in [Renaissance Capital’s all‑time top 25 US IPOs](https://www.renaissancecapital.com/ipohome/rankings/biggestus.aspx) that it labels Technology, with a full first year (Alibaba, Facebook, Uber, Arm, Coupang, DiDi). We added Rivian, which it labels consumer discretionary; that was a judgment call made knowing its result, so we report the test: without Rivian, CoreWeave and Coinbase, the median first‑year return is −23.8% rather than −26.4%. Then tech and internet IPOs of at least $3B below that cutoff that we could identify (Airbnb, Snap, DoorDash, Snowflake), CoreWeave as the only Technology name in its 2025 top three, and Coinbase as the largest direct listing we found by first‑day value. Reddit and other smaller listings fall outside the rule.

**Method.** IPO prices come from each final prospectus, linked below. “1 year later” is the last close on or before the first anniversary. Stock figures are split‑adjusted prices; none of these paid a dividend in its first year. SPY includes dividends. Arm’s first‑day close comes from [a public report](https://www.iposcoop.com/the-ipo-buzz-arm-holdings-arm-prices-ipo-at-51-high-end/). DiDi left the NYSE in June 2022, so its later closes are over‑the‑counter. Medians for the IPO‑price columns use 12 names.

**Limits.** Thirteen listings is a small sample. Seven came between Sep 2020 and Nov 2021, just before the 2022 bear market, which weighs on the median. None of them had Anthropic’s size or structure, and this is not a forecast for any stock. The 2026 mega listings have under a year of data so far, to the Nov 4 close:

| 2026 listing (first trading day) | IPO price | First‑day close | Nov 4 close vs first‑day close | Nov 4 close vs IPO price | Deepest drop so far | SPY, same window |
| --- | --- | --- | --- | --- | --- | --- |
| SpaceX (Jun 12) | $135.00 | $160.95 | −15.6% | +0.7% | −32.7% | +3.9% |
| SK hynix ADS, already listed in Korea (Jul 10) | $149.00 | $168.01 | −14.8% | −4.0% | −24.5% | +1.8% |
| Cerebras (May 14) | $185.00 | $311.07 | −70.5% | −50.4% | −70.5% | +3.0% |

## When would analysts start covering Anthropic?

Analysts at the underwriting banks must wait at least 10 days, and in recent large deals they waited about 25. [FINRA Rule 2241](https://www.finra.org/rules-guidance/rulebooks/finra-rules/2241) requires firms that took part in an IPO as underwriter or dealer to set a quiet period of “a minimum of 10 days”, with exceptions for emerging growth companies and significant news. Anthropic’s filing does not mark it as an emerging growth company.

The day 25 pattern shows up in practice: banks began [CoreWeave coverage on Apr 22, 2025](https://cyprus-mail.com/2025/04/26/nvidia-backed-coreweave-gets-largely-bullish-coverage-from-brokerages) and [SpaceX coverage on Jul 7, 2026](https://qz.com/goldman-sachs-morgan-stanley-spacex-price-target-070726), each 25 days after the first trade. Firms outside the deal are not bound the same way and can start earlier.

With 22 banks on this cover, a wave of first ratings could arrive on one day, from banks that earned fees on the deal. That matters for reading them. Across all US stocks, Exent’s study of 13,834 initiations found a small average move around the call, and 68.4% of 661 recent initiations were Buy; see [what happens when an analyst initiates coverage](https://www.exent.ai/resources/what-happens-when-an-analyst-initiates-coverage). A rating says little until you know that analyst’s past record.

## Which analysts’ past calls are worth weighing when coverage starts?

A wave of first ratings tells you little until you know who has been right before. Analyst rankings and Gems are for members: $1.95 for a 3-day trial.

1. Stocks Radar tracks thousands of Wall Street analysts and ranks them by the past accuracy of their calls, measured from each call’s date.
2. Analyst profiles show each analyst’s record and price targets, so a new rating can be read against what that analyst got right and wrong before.
3. Gems are our top picks: stocks where several of the best‑rated analysts (4★+ in our scoring) agree; our hunt for the next big winners, not a promise. Current Gems are for members only.

Exent is our product: [Exent Gems](https://www.exent.ai/radar)

## Frequently asked questions

### When is the Anthropic IPO date?

No date is set as of Nov 5, 2026. The S-1/A filed Nov 2 leaves the date blank, and the registration must become effective first. Press reports have pointed to the second half of November, but those dates do not come from the filing.

### What is the Anthropic IPO price?

There is none yet. The price range and share count are blank in the Nov 2, 2026 S-1/A. A price range normally appears in a later amendment, and the final IPO price is set just before trading starts.

### Can I buy Anthropic stock now?

Not on any exchange: Anthropic is not listed as of Nov 5, 2026. Its help page says stock sales not approved by its board are void, that special purpose vehicles may not acquire its stock, and that tokenized offers are likely an investment with no value.

### How can retail investors buy into the Anthropic IPO?

The filing says a portion of shares is expected to be offered through Charles Schwab, Fidelity, Robinhood, Trade-PMR, SoFi and E*TRADE from Morgan Stanley, at the IPO price and on each platform’s own terms. It gives no size. After listing, investors whose broker supports ANT and permits trading in their jurisdiction could buy at market prices; IPO allocations are not guaranteed.

### What is Anthropic’s stock ticker?

Anthropic has applied to list Class A common stock on the Nasdaq Global Select Market under the symbol ANT. The ticker is not trading yet as of Nov 5, 2026.

### Why did Anthropic lose $104 billion?

Mostly a non-cash charge. Of the $104.0B net loss for the nine months to Sep 30, 2026, $94.3B was a non-cash fair-value charge, driven mainly by convertible notes rising in value. The operating loss was $1.3B, and convertible notes still dilute holders when they become shares.

### Will Anthropic join the S&P 500 or Nasdaq-100?

Under 2026 rules the S&P 500 needs 12 months of trading and positive GAAP net income in the latest quarter and over four quarters. The Nasdaq-100’s fast entry evaluates a qualifying IPO at the end of its seventh trading day and normally adds it after the fifteenth, if it ranks in the top 40 by full market value and meets the other eligibility and liquidity rules; Anthropic’s value is not known yet.

## Sources

1. [Form S-1/A, Amendment No. 1](https://www.sec.gov/Archives/edgar/data/2130357/000162828026068676/anthropicpbc-sx1ax1.htm) — Anthropic, PBC (SEC), 2026-11-02
2. [Form S-1](https://www.sec.gov/Archives/edgar/data/2130357/000162828026067168/anthropicpbc-sx1.htm) — Anthropic, PBC (SEC), 2026-10-26
3. [Unauthorized Anthropic stock sales and investment scams](https://support.claude.com/en/articles/13704655-unauthorized-anthropic-stock-sales-and-investment-scams) — Anthropic Help Center, 2026-06-29
4. [Rule 2241, Research Analysts and Research Reports](https://www.finra.org/rules-guidance/rulebooks/finra-rules/2241) — FINRA
5. [Consultation on Treatment of MegaCap Companies: Results](https://press.spglobal.com/2026-06-04-S-P-Dow-Jones-Indices-Consultation-on-Treatment-of-MegaCap-Companies-Results) — S&P Dow Jones Indices, 2026-06-04
6. [An evolving index for an evolving market (Nasdaq-100 methodology updates)](https://www.invesco.com/apac/en/institutional/insights/etf/nasdaq-100-index-methodology-updates.html) — Invesco
7. [Largest US IPOs](https://www.renaissancecapital.com/ipohome/rankings/biggestus.aspx) — Renaissance Capital
8. [Facebook final prospectus](https://www.sec.gov/Archives/edgar/data/1326801/000119312512240111/d287954d424b4.htm) — SEC, 2012-05-18
9. [Alibaba final prospectus](https://www.sec.gov/Archives/edgar/data/1577552/000119312514347620/d709111d424b4.htm) — SEC, 2014-09-22
10. [Snap final prospectus](https://www.sec.gov/Archives/edgar/data/1564408/000119312517068848/d270216d424b4.htm) — SEC, 2017-03-03
11. [Uber final prospectus](https://www.sec.gov/Archives/edgar/data/1543151/000119312519144716/d647752d424b4.htm) — SEC, 2019-05-13
12. [Snowflake final prospectus](https://www.sec.gov/Archives/edgar/data/1640147/000162828020013667/snowflake424b4.htm) — SEC, 2020-09-16
13. [DoorDash final prospectus](https://www.sec.gov/Archives/edgar/data/1792789/000119312520313884/d752207d424b4.htm) — SEC, 2020-12-09
14. [Airbnb final prospectus](https://www.sec.gov/Archives/edgar/data/1559720/000119312520315318/d81668d424b4.htm) — SEC, 2020-12-11
15. [Coupang final prospectus](https://www.sec.gov/Archives/edgar/data/1834584/000162828021004565/coupang-424b4.htm) — SEC, 2021-03-11
16. [Coinbase’s first day on Nasdaq ends with an $85.7 billion valuation](https://www.theblock.co/post/101715/coinbase-nasdaq-direct-listing-first-day-ends) — The Block, 2021-04-14
17. [DiDi Global final prospectus](https://www.sec.gov/Archives/edgar/data/1764757/000104746921001227/a2243300z424b4.htm) — SEC, 2021-06-30
18. [Rivian final prospectus](https://www.sec.gov/Archives/edgar/data/1874178/000119312521328239/d157488d424b4.htm) — SEC, 2021-11-12
19. [Arm final prospectus](https://www.sec.gov/Archives/edgar/data/1973239/000119312523235320/d550931d424b4.htm) — SEC, 2023-09-14
20. [CoreWeave final prospectus](https://www.sec.gov/Archives/edgar/data/1769628/000119312525067651/d899798d424b4.htm) — SEC, 2025-03-31
21. [Cerebras Systems final prospectus](https://www.sec.gov/Archives/edgar/data/2021728/000162828026035214/cerebras-424b4.htm) — SEC, 2026-05-14
22. [SpaceX final prospectus](https://www.sec.gov/Archives/edgar/data/1181412/000162828026042639/spaceexplorationtechnologi.htm) — SEC, 2026-06-12
23. [SK hynix final prospectus](https://www.sec.gov/Archives/edgar/data/2120882/000119312526299963/d32785d424b4.htm) — SEC, 2026-07-10
24. [Anthropic IPO date, price and ticker (citing Fortune)](https://www.techloy.com/anthropic-ipo-date-price-ticker/) — Techloy, 2026-10-26
25. [Nvidia-backed CoreWeave gets largely bullish coverage from brokerages](https://cyprus-mail.com/2025/04/26/nvidia-backed-coreweave-gets-largely-bullish-coverage-from-brokerages) — Cyprus Mail, 2025-04-26
26. [Goldman Sachs and Morgan Stanley on SpaceX as the quiet period ends](https://qz.com/goldman-sachs-morgan-stanley-spacex-price-target-070726) — Quartz, 2026-07-07
27. [SpaceX to join Nasdaq-100 index on July 7](https://finance.liga.net/en/amp/stock/news/spacex-to-join-nasdaq-100-index-on-july-7-amid-strong-demand) — LIGA.net
28. [Arm closes 24.7 percent above $51 IPO price in its Nasdaq debut](https://www.iposcoop.com/the-ipo-buzz-arm-holdings-arm-prices-ipo-at-51-high-end/) — IPO Scoop, 2023-09-14

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Educational content, not investment advice. Past performance does not guarantee future results.