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Wajeeh Khan

CoreWeave Stock Is Sinking Again Today. Here's Why.

CoreWeave CRWV Bonds Elon Musk Artificial Intelligence

CoreWeave (CRWV) shares came under pressure on Oct. 14 as a selloff in its corporate bonds heightened concerns about financing its ambitious artificial intelligence (AI) infrastructure expansion. Yields on the AI infrastructure company’s bonds maturing in 2032 climbed to about 15%, drawing attention to the risks surrounding its debt-funded growth.

Billionaire Elon Musk amplified those concerns with a one-word social media response: “Yikes.” CoreWeave stock has continued moving downward on Oct. 15 and is now trading at less than half its year-to-date high.

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