🚨Can Anthropic’s blockbuster IPO pull BULLS back? Anthropic is targeting up to $90.4 BILLION across its IPO and private placement, potentially dethroning SpaceX’s fundraising record. Its IPO is reportedly several times "oversubscribed", driven by large orders from institutional investors, including long-only funds. The Claude maker’s IPO alone would raise more than Aramco’s and Alibaba’s COMBINED. The two biggest IPOs in history could land in the same year, but against very DIFFERENT market backdrops. SPCX debuted with stocks at record highs. SpaceX ALONE added roughly $330 BILLION in market value on its FIRST DAY, while the broader stock market closed higher. Optimism over a possible U.S.–Iran peace deal also helped fuel the rally. While SpaceX rode that BULLISH backdrop, Anthropic arrives with AI stocks under PRESSURE. Hence, ANT’s debut looks more like an AI confidence TEST than a clear rally catalyst. The IPO's scale is HISTORIC. But can that surging demand bring the bulls back to the AI trade?