Anthropic Is Expected to List on Nov. 19. I'd Rather Own Amazon Stock Than the IPO.

• Anthropic plans Nasdaq IPO under ticker ANT, valued up to $1.4T. • Amazon holds >5% of Anthropic and has a $110B AWS contract. • Author prefers Amazon stock over Anthropic IPO due to valuation. Anthropic is set to IPO on Nasdaq under ticker ANT on Nov. 19. The Claude maker could reach a $1.4 trillion valuation at $78 per share. Amazon owns over 5% of Anthropic and has a $110 billion AWS commitment. Amazon trades at 25x 2027 earnings, while Anthropic would be priced at ~40x sales. Author favors Amazon stock over the IPO.