CoreWeave's Bonds Turn Distressed, Drawing 'Yikes' from Musk

(bloomberg.com)

17 points | by striking 20 hours ago ago

5 comments

  • lp92 19 hours ago

    Is anyone surprised by this? This was inevitable considering how they financed the build out.

  • toomuchtodo 19 hours ago
  • rvz 19 hours ago

    Nothing to see here. Just a data center company that has borrowed a lot of money and it turns out they are highly unlikely to pay it back and the market is punishing them.

    Surely it is not just them and also Oracle bonds are doing just great, just like how the AI data center build out is also doing great right?

  • wmf 12 hours ago

    [dead]