Anthropic’s IPO Is Priced at $1.4 Trillion. One Week After Voters Rejected Data Centers 40 to 1

Anthropic priced its IPO on Tuesday: 825 million shares at $70 to $78, trading on Nasdaq as ANT starting November 19, worth up to $1.405 trillion and raising as much as $64.35 billion. One week earlier, voters in ten states went to the polls and rejected data center development in 40 of 41 local ballot measures. Colorado is where that fight is already in the concrete — a one-year moratorium in Denver, a permanent hyperscale ban in Longmont, a ballot fight over a four-year pause in Colorado Springs, and a 27.5-megawatt data center in Weld County that residents are trying to send back to the voters. The most valuable AI lab in the world is about to go public in the middle of a revolt over the physical thing the AI industry actually sells, which is power. Two events, one week, the same problem Neither of these happened in isolation, and the timing is the story. On November 3, voters in ten states decided 41 local ballot measures affecting data center policy.

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