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Elon Musk Says Tesla Doesn't Need Lidar Because 'People Don't Shoot Lasers Out Of Their Eyes' After YouTubers Put His Cars Through Wylie E. Coyote Tests
Nvidia-Backed CoreWeave's IPO Comes In Below Expectations At $40 Per Share
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CoreWeave Sets IPO Listing Price at $40, Less Than Its Earlier Midpoint Estimate of $51: Report
The market does not accept it! The IPO of the "NVIDIA's favored child" has "collapsed".
The market's lack of confidence in the CoreWeave IPO is due to the high concentration risk of its customers, which are deeply tied to NVIDIA and Microsoft, leading to investor concerns about the company's sustainable business model.