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Prmagazine > News > News > CoreWeave prices its IPO to raise at least $2.2 billion. And now the games begin. | TechCrunch
CoreWeave prices its IPO to raise at least .2 billion. And now the games begin. | TechCrunch

CoreWeave prices its IPO to raise at least $2.2 billion. And now the games begin. | TechCrunch

CoreWeave explain On Wednesday, it hopes to sell its first public shares between $47 and $55 per share, which raises about $2.2 billion to $2.6 billion.

The news on the street is Coreweave Want to raise at least $3 billion Probably more than $4 billion.

But the announcement of the price range is always a bit like a game. The scope of announcements is usually lower than what bankers think the company really gets. The company then formally set a higher price. Doing so helps to get excited about the first day of trading and says retail investors are so interested that they are willing to pay more.

So we have to wait and see if Coreweave can earn more than $3 billion in revenue. The company signed $12 billion due to a public application Customer Agreement with OpenAi And add Meg Whitman To the board of directors.

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