CoreWeave Shares Plunge 13% After Elon Musk Comments on AI Debt

Key Facts

CoreWeave shares fell 13% following a "Yikes" comment from Elon Musk regarding AI industry debt concerns. Investing.com reported that the market reaction followed reports highlighting rising yields and debt risks associated with AI infrastructure providers.

CRWV closed at $77.81 on October 13, 2026, having traded between a day high of $78.94 and a day low of $76.11. The sharp decline reflects broader market volatility and sensitivity toward the sustainability of financing and debt levels required to support AI infrastructure growth.