Anthropic PBC is set to finalize an expansion of its revolving credit facility to $15 billion, Bloomberg Technology reports, citing people familiar with the matter. The financing move comes ahead of the company’s public filing for an initial public offering, according to the report. Bloomberg also reports that Anthropic, the maker of the Claude chatbot, is seeking to raise as much as SpaceX or more in the IPO, based on people familiar with the preparations. The report does not provide the targeted IPO size in dollar terms beyond that comparison. Morgan Stanley is leading the process, Bloomberg reports. The key point is the reported scale and timing: Bloomberg says Anthropic is set to finalize a $15 billion credit-facility expansion ahead of its public IPO filing. Because the details are attributed to people familiar with the matter and the transaction is described as being finalized, the exact terms should be treated as pending unless confirmed publicly. Who benefits: Anthropic would benefit from added borrowing capacity if the facility is finalized as Bloomberg reports. Morgan Stanley also has a central role if Bloomberg’s account of the process is accurate. Who's exposed: Prospective IPO investors are exposed to details that remain based on people familiar with the matter, including the reported facility size and IPO ambitions.