Analyst: Anthropic IPO May Drive Related Beneficiary Stocks to Rally Again

TechFlow news, August 11, according to BIT analysts, the major IPO wave continues. Anthropic is currently expected to go public in late September or early October 2026. Its private secondary market share trading price has risen to $598, a significant increase from $59 in July 2025 and $162 in August.

Amazon may become one of the main beneficiaries. Its Anthropic holdings corresponding to cumulative investments of $13 billion are estimated to be worth $135–160 billion based on current valuations. Meanwhile, Anthropic has committed to spending over $100 billion on AWS technology and infrastructure over the next 10 years.

Compared to SpaceX, the potential selling pressure from lock-up expiration facing Anthropic seems smaller, so the selling pressure after listing may be relatively limited. Thanks to deep cooperation with Anthropic and large-scale equity investments, both Amazon and Google are expected to benefit from its listing, with Google holding about 14% of Anthropic's shares.