❯ CoreWeave’s three co-founders have sold $3.3 billion of stock since the IPO as shares fall more than 60% from the peak

The salesAccording to Seoul Economic Daily, citing Bloomberg, co-founders Michael Intrator, Brian Venturo and Brannin McBee have sold $3.3 billion of stock since the March 2025 IPO, including $2.4 billion in 2026; before listing they cashed out $488 million through tender offers.

Up, then downCoreWeave rents out AI compute. Its shares rose to about 3.5 times the offering price within three months of the IPO, then fell more than 60% from that high and are down about 50% over the past year. The three still hold about 20%, and their stakes have lost about $15 billion in value since the June 2025 peak. A spokesperson called the sales routine diversification.

Credit worriesNvidia, which owns about 10%, says the risk of a CoreWeave credit event is low, and Jensen Huang said its finances are improving and its cost of capital is trending lower. Continued founder selling combined with credit-market concerns amplifies doubts about the debt-heavy model of compute rental firms.

▮ SIGNALCompute-rental stocks increasingly trade on their debt, not just on AI demand.