According to CNBC, CoreWeave's stock has fallen 29% this month, while the yield on its unsecured debt is about 15%. The company is valued at roughly $34 billion, down from a peak market capitalization of about $90 billion three months after it went public in March of last year. Its five-year credit default swap spread stood at nearly 1,067 basis points, up 164% in the past year and 30% in October. CoreWeave has about $20.7 billion in debt due through 2030 and another $14.9 billion due thereafter.
