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.
If it crashes before they even get to IPO, who are the investors I get to point and laugh at?
It’s pretty much all your least-favorite financial entities. You’ve got the megacorp tech firms (Google, Amazon, et al), venture capitol investment institutions (Goldman Sacs, etc), and even some sovereign wealth funds (Qatar, Saudi Arabia primarily).
It’s a real who’s who of institutions that should fuck off and die.