The market-implied probability of CoreWeave facing bankruptcy by the end of 2028 has fallen to 14%, down from a significantly higher level just one week earlier. This decline followed SpaceX’s quarterly results, which showed net income of $4.4 billion and revenue of $14.6 billion for the third quarter. SpaceX’s performance boosted investor confidence in sectors linked to demand for artificial intelligence computing capacity, including CoreWeave. However, CoreWeave still carries more than $30 billion in debt and continues to face refinancing and financial-stability risks.
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