Driven by the tech stock sell-off, the probability of Anthropic going public in 2026 on Kalshi has dropped below 60%, after approaching 90% ahead of the midterm elections. According to reports, investor valuation expectations for the Claude developer have been revised downward from nearly $2 trillion previously to between $1.5 trillion and $1.6 trillion. However, prediction market traders still expect the company to IPO within months.