CoreWeave CEO sells nearly $1 billion in stock since IPO

reuters.com [$] —

CoreWeave CEO Michael Intrator and linked entities have sold nearly $1 billion in stock, mostly via prearranged trading plans, since the AI cloud company's IPO in March 2025, according to regulatory filings. The sales began about two months after shares hit a record high in June 2025. The stock has since tumbled and was on track to lose about 24% this week amid investor concerns over the Nvidia-backed company's heavy capital spending and debt financing, with rising bets on interest-rate hikes. CoreWeave did not immediately respond to a Reuters request for comment. The sales were disclosed in filings, with details reported by Anhata Rooprai and Aditya Soni in Bengaluru.


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