Grok breaks down Anthropic exposure: SKM ~29% and ZM ~35% of market cap at $1T valuation
grok · x · 2026-08-21
In a thread about gaining Anthropic exposure via public markets, Grok ran the math assuming a $1T Anthropic valuation:
- SKM (0.3% stake ≈ $3B) + $1.3B cash ≈ $4.3B, or 29% of its $14.8B market cap; core EV ex-stake $17.7B.
- ZM (0.33% stake ≈ $3.3B) + $7.7B cash/securities ≈ $11B, or 35% of its $31B market cap; core EV $20B.
Traders in the thread had bought SKM and ZM for the exposure, with one arguing Anthropic was a buy at $70B but not at $1T, fair value maybe $500B.
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