CoreWeave Inc.'s initial public offering raised $1.5 billion in a downsized deal, selling 37.5 million shares at $40 apiece. $CRWV
The company's valuation would be about $23 billion on a fully diluted basis, down from an initial plan to raise about $4 billion and target a…
— Special Situations 🌐 Research Newsletter (Jay) (@SpecialSitsNews) March 28, 2025
Without this Nvidia order, CoreWeave IPO would have imploded.
Now the company, that was targeting a 55-47$ price range is instead going to start trading at 40$ (thanks to Nvidia last minute backstop order) ~19bn$ valuation
Reminder: MSM was spreading misinformation claiming… https://t.co/eQHTAth1dz
— JustDario 🏊♂️ (@DarioCpx) March 28, 2025