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How aggressive is Anthropic’s IPO valuation? Wall Street bets on revenue surging to $200 billion by 2028
Anthropic is preparing for an initial public offering, with Wall Street anchoring its valuation primarily on projected 2028 revenue of approximately $200 billion, rather than current performance. While the company’s annualized revenue growth is rapid, substantial investments in AI mean profitability remains distant. The market is benchmarking Anthropic’s valuation against high-growth firms such as Palantir and SpaceX, betting that it will achieve economies of scale and convert them into profits. However, whether this high-valuation logic can be sustained remains subject to market scrutiny.
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