Recent Reuters reporting indicates Anthropic has shifted its IPO timeline slightly, with a public S-1 filing now expected in late September rather than earlier in the month and marketing of shares targeted for mid-October at the earliest. This keeps the company on track for a Nasdaq listing before the November 2026 U.S. midterms, supporting the market's leading 58.5% implied probability for October. The AI company is simultaneously finalizing a $15 billion revolving credit facility and in discussions with Nvidia to serve as an anchor investor in a potential $100 billion raise that could value the firm near $2 trillion, reflecting strong revenue momentum exceeding $65 billion annualized run rate. These preparations, following the confidential S-1 submission in June, have reinforced trader consensus around an imminent debut while leaving room for modest slippage into November if regulatory review or market conditions extend the process. Key near-term catalysts include the late-September prospectus release and subsequent roadshow.