
CoreWeave prices its IPO to raise at least $2.2 billion. And now the games begin.
CoreWeave announced today that it has priced its initial public offering (IPO) between $47 and $55 per share, which could result in raising as much as $2.6 billion. The company initially sought to raise at least $3 billion and possibly up to $4 billion, but the final price range is often lower than the expected valuation due to strategic pricing decisions.
The announced price range may not be the final number, as companies often adjust their IPO prices to generate more excitement for trading on the first day. This allows them to attract more investors, including retail ones, by demonstrating strong institutional demand and support. If successful, this strategy could lead to a higher-than-expected valuation.
CoreWeave has made significant progress since filing its intention to go public. The company secured a massive $12 billion customer agreement with OpenAI and welcomed Meg Whitman to its board of directors. These developments have likely contributed to the strong interest in the IPO and may impact the final valuation.
It’s now up to investors, analysts, and market enthusiasts to closely follow the upcoming trading session to see if CoreWeave can meet or exceed its expected goals.
Source: https://techcrunch.com/2025/03/20/coreweave-prices-its-ipo-to-raise-at-least-2-2-billion-and-now-the-games-begin/