Sources indicate a record stock price expectation for Anthropic, with Morgan Stanley leading the initial public offering process. The company is preparing to present documentation for its anticipated debut on the stock market, with an anticipated stock price that could reach the trillions of dollars. According to various sources cited by the Financial Times, this timing is crucial for defining the final value of the company.

According to various sources cited by the Financial Times, Morgan Stanley is in a prime position to secure the role of "lead left," or strategic consultant for the offering, while Goldman Sachs is expected to act as the IPO stabilizer. This distinction is fundamental for managing the initial trading sessions. According to sources from the British economic-financial daily, over the past weeks, Morgan Stanley has conducted discussions with potential investors of Anthropic regarding the price of their stock.

The appointment of the main investment bank is not yet final, but contacts are active. Anthropic should publicly deposit its prospectus for the IPO already next week, a few months away from the record stock price of SpaceX, which raised $86 billion with a valuation of $1.78 trillion. In the case of Anthropic, sources expect a stock price of $2 trillion or more.

In this case, the first investors could realize gains in the tens of billions of dollars, surpassing previous records. JPMorgan, Citigroup, and Barclays are among the banks that should play a key role in the Anthropic offering after providing the group through debt financing. By June, Goldman Sachs secured the role of main intermediary in the initial public offering of SpaceX, while Morgan Stanley was named the stabilizer of the offering.

Both banks took in $100 million of the $2 billion in fees, distributed among more than 20 credit institutions that worked on the SpaceX offering. If this timing is confirmed, Anthropic could begin to be traded on New York between the end of September and the beginning of October, with investors expecting a doubling of the current valuation. The role of "lead left" confers control over the valuation discussions and decisions regarding which hedge funds will receive the largest allocations of stock.