Anthropic Sees Potential Market Over $30 Trillion, Surpassing SpaceX IPO Expectations

August 26 news, according to Gelonhui citing the Wall Street Journal, Anthropic is expected to tell investors in its IPO filing that its potential revenue opportunity exceeds $30 trillion, surpassing SpaceX's previous estimate of $28.5 trillion. Anthropic is showcasing the growth potential of AI through its "Total Addressable Market" (TAM), assessing the full scope of work that AI models could accomplish in the future. SpaceX previously described its TAM as "the largest actionable market in human history," with $26.5 trillion of that stemming from AI opportunities. Anthropic's second-quarter revenue has exceeded $11.6 billion, doubling from the previous period. The company's IPO could raise up to $100 billion, with a target valuation of approximately $2 trillion, higher than SpaceX's $1.77 trillion at the time of its listing.