Is Anthropic the IPO market’s last hope for 2026? The clock is ticking
Source: Fortune ·
More bad news in the IPO market this week, but Anthropic could just maybe turn the tide.
From the source
Morgan Chittum here. More bad news in the IPO market this week. On Monday, Chinese manufacturer Kepuni Holdings withdrew plans for a Nasdaq listing that had been expected to raise $15 million. A day later, Gravitics Holdings slashed its deal size by a whopping 60% ahead of the space-system developer’s $50 million IPO. Meanwhile, South Korea’s Elice Group plunged 32% on its first day of trading due to jitters about AI-related stocks. According to Dealogic data, it was the country’s worst-ever debut for a company that raised more than $100 million. Sure, these are small deals in the grand scheme of 2026. SpaceX had a record-breaking $75 billion public offering in June. But they add to a string of recent disappointments. (Let’s not forget when Oura, the smart-ring maker behind one of the season’s most anticipated IPOs, shelved plans just hours before pricing shares in September.) The problem, according to Jay Ritter, director of the University of Florida’s IPO Initiative, has come down…