News Summary

• Anthropic, reportedly on the verge of a $2 trillion IPO, is preparing to tell investors that its total addressable market is worth more than $30 trillion.
• To put that figure in perspective, it eclipses the total GDP of China, is roughly equal to the entire GDP of the u.s., and represents about a quarter of the total world GDP of $120 trillion.
• Anthropic is not the first company to propose a larger-than-life TAM.
• SpaceX recently estimated its TAM at $28.5 trillion.