Anthropic’s IPO could see record retail buying of $250 million, surpassing SpaceX’s previous record, says Vanda Research
Anthropic may experience record retail investor interest during its initial public offering, potentially surpassing SpaceX as one of the largest single-day retail purchases, according to Vanda Research.
Vanda Research predicts Anthropic’s debut might attract around $250 million in net retail buying, doubling SpaceX’s previous IPO record of $118 million.
Viraj Patel, a global macro strategist, noted Anthropic’s pre-IPO perpetual futures trading suggests a record-breaking retail IPO.
These perpetual futures, traded on platforms like Hyperliquid and Coinbase, are derivative contracts that allow traders to speculate on a company’s valuation without owning shares.
Retail surge
According to Vanda, only six stocks have surpassed $250 million in single-day retail buying since 2024.
“Judging by pre-IPO perp trading, Anthropic is shaping up to be a record retail IPO,” Viraj Patel, global macro strategist at Vanda Research said, in the note.
Only six stocks have topped $250 million in single-day retail buying since 2024, the data firm added.
“Anthropic next week could draw the kind of retail buying that we’ve rarely seen in our data,” Vanda said.
Anthropic aims for a valuation of up to $1.4 trillion in its IPO, with trading set to begin on the Nasdaq on November 19.
