StocksMediumUpdated•Originally published 14 October 2026•Updated 14 October 2026•
1 min read
CoreWeave Shares Crater 15% as Debt Consumes Quarter of Revenue
Key Facts
1CoreWeave shares fell 14% to $66.73 following a surge in yields on its unsecured bonds due in 2032.
2Elon Musk's 'Yikes' comment on X intensified investor concerns regarding the company's debt burden.
CoreWeave shares cratered more than 15% to reach $60 on Wednesday, October 14, 2026, approaching all-time lows. Reports indicated that the company's $35 billion debt load consumed approximately 25% of its second-quarter revenue, fueling intense selling pressure.
The decline follows a surge in yields on the company's unsecured bonds due in 2032, which reached 15.06%. CRWV closed at $77.81 on October 13, 2026, but investor sentiment soured further amid concerns over capital-intensive AI infrastructure growth and projected negative free cash flow, exacerbated by Elon Musk's critical comments on X.