[tpt2]

Do you know for sure if the pro / max plans are unprofitable at full usage? I did a brief back of the envelope calculation for minimax m2.5 comparing its api pricing to my token usage on a full quota max 20x Claude plan, it worked out around 260 ish which assuming some margin would put the Claude max around breakeven.

[levocardia]

It doesn't matter if they are unprofitable at full usage, as long as there are enough users (like me!) who barely ever max out but still pay the $100/month. The people who love Claude Code enough to max out the 20x plan every day, that's probably the best influencer marketing campaign you could ever buy anyways.

[CuriouslyC]

Anthropic previously shared that they make ~60% margin on API access. So they're losing money on plan whales.