Anthropic Files to List as ANT, Meta Wants $95B and SpaceX Borrows $40B for AI Chips
By Jose Ruiz · · 6 min read
Good morning, crowd.
Buckle up. Anthropic just filed to go public, Meta wants $95 billion of new money, and Elon Musk borrowed $40 billion for AI chips, then told half the industry it's in trouble. It's only Tuesday.
In today's Founderscrowd:
🧾 Anthropic files to list as ANT
💸 Meta wants $95B (just not your vote)
🛰️ SpaceX's $40B chip haul and Musk's warning
⛽ A $50B gas giant is born
📱 Apple's $1,999 foldable sells out
Your call before you read:
Anthropic just filed to list as ANT. Will you buy on day one? |
Read time: 5 minutes
The ice cream shop that makes money when it's cold
28 Wishes sells ice cream in Los Angeles. Below 70°F, sales fall about 20%. The weather is out of their hands. Rent isn't.
So the owners started putting about $20 a day into weather markets, taking the cold side. The days that keep customers away now pay something back.
This is hedging. Big companies have done it for decades, buying protection against bad weather, fuel spikes and rising rates. It used to take a broker, a trading desk, and an order size no corner shop could meet.
opens it up. Contracts on weather, fuel prices, inflation, tariffs and regulation, starting at a few dollars. Take a position on the outcome that would hurt you. If it hits, the payout softens it. If it doesn't, the contract expires and the good month was the point.
LATEST DEVELOPMENTS
THE IPO
🧾 Anthropic Just Filed to Go Public. Ticker: ANT
The scoop: It's official. Anthropic filed its IPO paperwork with the SEC and plans to list on Nasdaq as ANT, with Goldman Sachs and Morgan Stanley running the deal. The Wall Street Journal says it could raise $100 billion or more at a $1.5 trillion to $2 trillion valuation.
The details:
$16.3B in revenue in the first half of 2026, up from $1.2B a year earlier
11,900+ customers now pay it $100K or more a year, up from 950
$112.4B in cash on hand as of June 30
Week of Nov 16: the target listing week, per the WSJ
Its risk factors warn about AI models that could resist being shut down. Yes, really
Why it matters: A $100 billion raise would be more than three times the size of Saudi Aramco's record 2019 IPO. Whatever price ANT gets becomes the yardstick for every AI company still raising money privately.
BIG TECH
💸 Meta Wants $95 Billion. It Doesn't Want Your Vote
Plot twist: The company that spent a decade buying back its own stock is now selling it. Meta launched a plan to raise up to $95 billion in new shares to pay for AI, its first new stock since 2013.
The details:
$35B now: $22.5B of common stock through forward sales plus $12.5B of convertible preferred shares
$60B later: sold bit by bit starting early 2027, using its new non-voting Class C shares
Up to $5B: what Nvidia, AMD and Broadcom, Meta's own chip suppliers, may buy
-$2.1B: Meta's free cash flow last quarter, after $34.9B of AI spending
Why it matters: AI spending has outgrown even Meta's cash machine. When chipmakers buy the stock of the customer buying their chips, the money starts going in circles, and that's worth watching.
Read the full offering details
AI MONEY
🛰️ SpaceX Borrowed $40 Billion for AI Chips. Then Musk Warned Everyone Else
The flex: Elon Musk said SpaceX closed $40 billion of debt to buy AI chips arriving in the first half of 2027. Then he took a swing at the "neoclouds," the companies that rent out AI computing power.
The details:
SpaceX can borrow because it has investment-grade credit and Starlink cash behind it
"Debt markets have almost entirely shut off access to money" for AI data center companies without other revenue, Musk posted on Sunday
Nebius, CoreWeave and Iren all fell on Monday after the warning
Why it matters: The AI boom just split in two: companies with other businesses that can borrow cheaply, and pure AI landlords that can't. Private credit funds have lent heavily to the second group.
DEAL OF THE DAY
⛽ A $50 Billion Gas Giant Is Born
The deal: Natural gas producer EQT agreed on Monday to buy rival Range Resources in an all-stock deal, creating a company worth more than $50 billion including debt.
The details:
0.987 EQT shares for each Range share, leaving EQT holders with about 73%
9+ billion cubic feet equivalent of gas a day from nearly 3 million acres
$325M a year in promised cost savings within two years
Range shares jumped about 10%. Closing is expected in early 2027
Why it matters: US power demand is climbing, and data centers are a big reason. Gas producers are bulking up to be the ones who keep the lights, and the GPUs, on.
GADGETS
📱 Apple's $1,999 Foldable Sold Out in Minutes
The vibe check: Apple's first foldable, the iPhone Duo, went on sale Friday, and launch-day stock vanished almost as soon as orders opened. New orders now show delivery dates in late January.
The details:
$1,999 to start, and $3,199 for the 2TB version
A 5.4-inch outer screen opens into a 7.6-inch one
~6M: how many Counterpoint expects Apple to sell this year
Wednesday: Apple's next launch event, where a touchscreen MacBook Pro is expected
Why it matters: Even at $2,000, people lined up. Premium hardware still sells, which is good news for every startup betting on AI gadgets.
QUICK HITS
📰 Everything else you need to know
The Fed meets today and tomorrow. Markets see only about a 10% chance of a hike, but traders are watching for a December signal. Read more
Microsoft and Alphabet report Wednesday, with Amazon later this week. Expect lots of questions about AI spending. Read more
Carta and NewView Capital teamed up to make employee tender offers easier. Tender activity at Series C and later has tripled in three years. Read more
Estonian startup Blackwall raised $100M at a $2.2B valuation, weeks after becoming a unicorn. Read more
Moderna fell about 7% after late-stage results for its personalized cancer vaccine with Merck. Read more
🎓 Catch up on Founderscrowd
Sunday: India's biggest IPO, EQT's €10.8B buyout and eight $1B+ rounds
Saturday: SpaceX's AI takeover and the $1B startup with no product
The Private Company Index: what the 100 biggest private companies are worth
That's a wrap. Hit reply and tell us: would you rather own ANT, SpaceX or Meta for the next five years? We read every one.
See you tomorrow,
Jose, Alberto & the Founderscrowd Team
Disclaimer: Founderscrowd is a media company. We are not a broker-dealer, funding portal, investment adviser or financial planner, and we do not collect or hold investor funds. Nothing in this email is investment, legal or tax advice, or an offer to buy or sell any security. Views on any company or deal are the writers' opinions and are not tailored to you. Some content may be sponsored or affiliate-linked, and writers may hold positions in companies we cover. Data comes from third-party sources and is not guaranteed. Private market investments are speculative, illiquid and can lose their entire value, and many offerings are limited to accredited investors.
Quick answers
What is Anthropic's stock ticker?
Anthropic filed for an IPO in October 2026 and plans to list on Nasdaq under the ticker ANT. Goldman Sachs and Morgan Stanley are leading the offering.
When will Anthropic go public?
According to The Wall Street Journal, Anthropic is targeting a listing during the week of November 16, 2026, and could raise $100 billion or more at a valuation of $1.5 trillion to $2 trillion. Timing could change.
How much stock is Meta selling?
Meta plans to raise up to $95 billion: $35 billion through underwritten offerings of common stock and mandatory convertible preferred stock announced in October 2026, plus a $60 billion at-the-market program planned for early 2027.
Sources
Investing.com: Anthropic files for Nasdaq IPO as revenue jumps to $16.3 billion
Yahoo Finance / Investing.com: Musk says SpaceX raised $40 billion in debt, warns of neocloud collapse
TheStreet: Stock market today, Oct. 26, 2026
EQT via SEC: EQT to combine with Range Resources (Form 8-K, Exhibit 99.1)
The Next Web: Apple's iPhone Duo sells out in minutes
Tech.eu: European tech weekly recap
All story images are AI-generated illustrations.
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Disclaimer: Founderscrowds is a media company. We are not a broker-dealer, funding portal, investment adviser or financial planner, and we do not collect or hold investor funds. All content is for informational and educational purposes only and is not investment, legal or tax advice or an offer to buy or sell any security. Views on any company or deal are our writers' opinions. Some content is sponsored. Private market investments are speculative, illiquid and may result in the loss of your entire investment; many offerings are limited to accredited investors. Read full disclaimer
