The Anthropic IPO, Explained: What the Headlines Aren’t Telling You

If your group chat is anything like mine, somebody has already asked: “Are you getting in on the Anthropic IPO?” And then the thread goes quiet, because nobody actually knows.

So today I’m slowing it down. I break down how this five-year-old company got here, decode the biggest headlines (including a few that are true and still misleading), and share what history says about buying the biggest IPO of the year. I also get into what you would actually own if you bought a share, and it’s not what most people assume.

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