Anthropic's IPO drew six times the shares on offer by Thursday, outpacing SpaceX's early order book, but the top-end $1.4T valuation is the real debate. The Claude maker is seeking up to $64.4B at $70

What happened: Anthropic's IPO order book reached six times the shares on offer by Thursday, outpacing early demand for SpaceX's offering, as the company seeks up to $64.4 billion. Key numbers: 825 million shares priced at $70 to $78 each; up to $1.4 trillion valuation at the top of the range; run-rate revenue of Why it matters: Investors are divided on revenue projections and whether Anthropic can hold its lead as Google and rivals accelerate, and some roadshow attendees said detailed answers were not provided. The listing is also seen as a gauge of appetite for OpenAI's planned raise. Coverage: 3 outlets in 24h

Anthropic's IPO order book reached six times the shares on offer by Thursday, outpacing early demand for SpaceX's offering, as the company seeks up to $64.4 billion.

Investors are divided on revenue projections and whether Anthropic can hold its lead as Google and rivals accelerate, and some roadshow attendees said detailed answers were not provided. The listing is also seen as a gauge of appetite for OpenAI's planned raise.