Elon Musk Responds "Yikes." to Chamath Palihapitiya Post on $CRWV as Stock Slides Again
Elon Musk replied "Yikes." to a post by Chamath Palihapitiya about $CRWV, according to Yahoo Finance's Brian Sozzi, who said the reaction is never a good sign.
$CRWV shares are falling again today after a 15% drop on Wednesday. Investors are reportedly selling the company's corporate bonds across maturities amid fears that an AI slowdown could strain its heavily leveraged balance sheet.