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Fortune

Morgan Chittum

Is Anthropic the IPO market’s last hope for 2026? The clock is ticking

Anthropic Matt Kennedy Jay Ritter SpaceX Renaissance Capital Wall Street Journal

(Credit: Finn Gomez—Getty Images)

Morgan Chittum here. More bad news in the IPO market this week.

On Monday, Chinese manufacturer Kepuni Holdings withdrew plans for a Nasdaq listing that had been expected to raise $15 million. A day later, Gravitics Holdings slashed its deal size by a whopping 60% ahead of the space-system developer’s $50 million IPO.

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