Goldman and Morgan Stanley to Earn ~$100M Each from Anthropic IPO
According to the New York Times, if Anthropic follows SpaceX's IPO path, Goldman Sachs and Morgan Stanley are projected to earn approximately $100 million each as lead underwriters. This fee structure mirrors SpaceX's record June offering, while Morgan Stanley also plays a dual role by financing Broadcom's chip supply for Anthropic.
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Rohan Paul (@rohanpaul_ai) · 2026-10-27 21
NYtimes: If Anthropic follows SpaceX, Goldman and Morgan Stanley could each earn about $100M from its IPO
On SpaceX’s IPO, 2 lead banks took $200M while about 20 others split roughly $300M.
Goldman Sachs has taken the lead-left spot on Anthropic’s prospectus, reversing September reports that favoured Morgan Stanley, which now serves as stabilization agent, supporting first-day trading, which mirrors the 2 banks’ roles on SpaceX’s record June offering.
This split copies SpaceX’s record June IPO, where each bank earned about 500M fee pool; Anthropic hasn’t disclosed its own fees.
Morgan Stanley also co-led a $63B Broadcom financing for chip sales to Anthropic, so a bank pricing Anthropic’s shares is also financing its compute supply.
