Anthropic Prepares Massive IPO With $2 Trillion Valuation Target and $15B Credit Line

Key Highlights Anthropic is securing a $15 billion revolving credit line in preparation for going public Major Wall Street firms including Morgan Stanley, Goldman Sachs, JPMorgan, and Citigroup are orchestrating both financing deals The AI firm could potentially raise $100 billion, positioning it as history’s largest initial public offering Annual revenue reached a $65 billion run rate in July, marking a sixfold increase year-over-year Computing infrastructure agreements totaling tens of billions secured with Amazon, Google, SpaceX, Nscale, and Lambda Anthropic is advancing toward a landmark public market debut that has the potential to transform the artificial intelligence landscape. The artificial intelligence company is on track to complete a $15 billion revolving credit facility, an increase from the approximately $10 billion initially targeted, Bloomberg reports indicate. HUGE: Anthropic is set to finalize a $15 BILLION pre-IPO credit facility, 6x larger than the $2.5 BILLION it secured last year. Morgan Stanley is leading the loan, with Goldman Sachs, JPMorgan, Citi, Barclays and Wells Fargo all in key roles. Anthropic filed its confidential… pic.twitter.com/8bXejRZ5z7 — Coin Bureau (@coinbureau) September 4, 2026 Morgan Stanley holds the lead role in arranging the credit facility. Goldman Sachs, JPMorgan Chase, and Citigroup are also playing significant parts in the transaction. These same four financial institutions are positioned to serve as lead underwriters for Anthropic’s forthcoming initial public offering. Additional financial institutions participating in the arrangement include Barclays, Wells Fargo, Bank of America, Deutsche Bank, Royal Bank of Canada, and UBS. The expanded credit arrangement represents a substantial increase from the $2.5 billion five-year facility that Anthropic obtained in the previous year. Terms remain subject to modification prior to completion. Potential Record-Shattering Public Offering Anthropic submitted its confidential Form S-1 registration statement to the Securities and Exchange Commission several weeks ago. Market observers anticipate the company will publish its prospectus following Labor Day, with the public offering scheduled for late September or October. According to industry sources, Anthropic may seek to raise as much as $100 billion, which would eclipse SpaceX’s $86 billion capital raise and establish a new benchmark for the largest IPO in history. The company’s latest private financing round earlier this spring assigned it a valuation of $965 billion. Through a successful market debut, Anthropic is pursuing a $2 trillion market capitalization. Private funding rounds have already generated more than $130 billion in capital for the company. Explosive Revenue Expansion and Infrastructure Partnerships Anthropic’s annualized revenue achieved a $65 billion run rate by July. This represents a sixfold multiplication compared to the figure from twelve months prior. To accommodate growing demand, Anthropic has executed multiple substantial computing infrastructure agreements. The company finalized an arrangement with Amazon providing access to 5 gigawatts of computing capacity.