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Anthropic Could Steal SpaceX’s IPO Crown — If It Can Turn AI Growth Into Microsoft-Like Margins, Analyst Says

Anthropic could eclipse SpaceX with the largest stock offering in history, but a PitchBook analyst warned that the AI giant may need Microsoft-like gross margins of about 70% to sustain its massive computing commitments.To top SpaceX’s record, Anthropic would need to price at a market cap above $1…

ANTHROPIC

Anthropic could eclipse SpaceX with the largest stock offering in history, but a PitchBook analyst warned that the AI giant may need Microsoft-like gross margins of about 70% to sustain its massive computing commitments.To top SpaceX’s record, Anthropic would need to price at a market cap above $1…