For Immediate Release
Chicago, IL – June 3, 2026 – Zacks Investment Ideas reports on key developments regarding CoreWeave (CRWV), Meta Platforms (META), and SpaceX. SpaceX has filed an S-1 prospectus with the SEC, marking the potential for the largest IPO in history with a targeting valuation between $1.75 trillion and $2 trillion and planned capital raising of up to $75 billion. The public offering may debut as early as June 12, 2026.
CoreWeave has secured a multi-year agreement with Meta, valued at approximately $21 billion, to provide AI cloud capacity through 2032. Additionally, the company announced a record sales backlog of $66.8 billion at the end of FY25, driven by a partnership with Anthropic. This growth underscores CoreWeave’s strategic importance in AI infrastructure, supported by exclusive access to NVIDIA’s next-generation technology.
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