CoreWeave (NASDAQ:CRWV) a specialized cloud provider founded in 2017, has been making waves in the GPU-accelerated computing industry. The company offers a range of services including GPU and CPU compute solutions, managed Kubernetes, and storage options, catering primarily to sectors requiring high-performance computing such as machine learning, visual effects, and artificial intelligence.[1]
On March 28, 2025, CoreWeave completed its initial public offering (IPO), pricing 37.5 million shares at $40 each, thereby raising approximately $1.5 billion.[2] This pricing was below the initially targeted range of $47 to $55 per share. The IPO valued the company at around $19 billion, marking it as the largest tech IPO since 2021 and the first pure-play AI company to go public.[3]
The stock opened at $39 on its first day of trading and closed at around $40. 4.[2] In the subsequent trading day, the stock experienced a decline, trading at $37 on the following Monday, a 7% drop from its debut price.[4]
As the AI and cloud computing sectors continue to evolve, CoreWeave's performance post-IPO will be closely watched by investors. Interested parties should monitor official announcements and financial reports for the most up-to-date information on CoreWeave's market performance and strategic developments.
Typically, there is a time period of between an IPO and the company's shares being freely transferrable, and we will be here to guide you through the process based on your preferences and available options.
After CoreWeave begins publicly trading and an exit event occurs, Linqto will contact you directly with instructions on how to proceed. This will include guidance on how to either transfer your investment to your personal brokerage account or potentially liquidate it.
Please note that there is typically a delay between a company’s IPO and when Linqto Liquidshares, as the shareholder on record, can freely transfer the investment. We’ll keep you informed throughout that process and support you every step of the way.
CoreWeave is now a publicly traded tech company on the Nasdaq stock exchange with the ticker symbol CRWV. Investors interested in purchasing CoreWeave stock can do so through brokerage firms that provide access to Nasdaq-listed securities.
1 - CoreWeave - Official company background, mission, and values provided directly from CoreWeave’s website.
2 - CNBC - CoreWeave officially began trading on Nasdaq, marking its entry into public markets.
3 - CNBC - CoreWeave CEO discusses the rationale behind IPO pricing strategy reflecting investor demand.
4 - CNBC - CoreWeave's shares declined notably on its second trading day post-IPO.
*These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO. The information provided above is based on current online discussions and is not intended as investment advice. Linqto does not endorse or guarantee the accuracy of this information, and we strongly recommend conducting your own research or consulting with a professional advisor before making any investment decisions. Linqto cannot be held liable for any investment outcomes resulting from the use of this information.