Anthropic, which officially filed to go public at a rumored valuation of up to $2 trillion dollars just a week before the elections.
As Bloomberg reports, those prospects are in free fall as the chaos takes hold. Some investors are now weighing bids that would value Anthropic as low as $1.1 trillion. While that’s still a huge valuation for a company that lost over $80 billion in the first half of 2026 alone, it’s a massive drop compared to the previously unbridled enthusiasm surrounding the firm’s IPO.
People cashing out at the top of the bubble are going to put that money somewhere.
Likewise people have been selling regular stocks to cash in on the insane AI tech growth. So regular stocks are likely oversold.