BREAKING: Anthropic is no longer expected to surpass SpaceX, $SPCX, as the largest IPO by market cap in 2026. Markets now see just a 28% chance of Anthropic being the largest IPO of the year, down from a high of 62%. This comes amid reports that Anthropic could receive a "high junk" credit rating, while OpenAI has cut its fundraising valuation target by $150 billion. Anthropic is expected to IPO this month.
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