AI's Next Act: Anthropic Eyes $2 Trillion IPO

AI company Anthropic is preparing for a potential initial public offering (IPO) that could value it at an unprecedented $2 trillion, possibly surpassing SpaceX's previous record. This IPO is anticipated to occur in October. Investors interested in the company can explore purchasing shares directly or through various exchange-traded funds (ETFs).

Due to rule changes implemented after SpaceX's significant IPO, ETFs that track major indexes may include Anthropic stock shortly after its debut. This includes the Invesco QQQ ETF, which can add Nasdaq-listed companies ranking among the 40 largest components after just 15 trading days. Similarly, the iShares Russell 1000 Growth ETF could incorporate Anthropic within five trading days if categorized as a growth stock by FTSE Russell.

Another avenue for investors is the First Trust U.S. Equity Opportunities ETF, which specifically tracks large, liquid, newly public U.S. companies. While these ETFs offer a less direct but potentially diversified way to gain exposure, experts advise against chasing them solely for early IPO access. Investors should consider their overall portfolio strategy before investing in these funds.