Anthropic S-1

Sales in the first half climbed from $1.2B to $16.3B year over year in H1 2026. Accounting charges account for the vast majority of the $80.7 billion net loss through June. A SpaceX arrangement carries a monthly bill near $3.1 billion for Nvidia-based compute once all promised capacity is in place. The Nasdaq listing has no share count or price range yet, and both Anthropic and existing shareholders will sell shares. Reuters reported last month that backers hoped for a valuation above $2 trillion. The company submitted a confidential draft registration statement to the SEC on June 1, 2026, which kept the document private until this week. The filing also flags risk: ongoing issues with the Trump administration and U.S. Department of Defense could cause "material revenue losses or business disruptions". For a founder, the filing is a reference for how a frontier lab discloses compute obligations, risk