Economy

Anthropic files for IPO as SpaceX and Meta fuel record AI spending

Hindustan Times1h
THE BRIEF
1

Anthropic filed paperwork on October 26, 2026, for an initial public offering that could raise up to $100 billion, potentially becoming the biggest stock market listing ever.

2

On the same day, SpaceX secured $40 billion in debt financing to lease AI computer chips, and Meta sought up to $95 billion in financing, bringing total single-day AI deals to $235 billion.

3

The massive spending cycle highlights industry-wide capital needs for data centres, though analysts warn that a potential slowdown in rapid AI adoption could pressure investments and the wider US economy.