CoreWeave CEO Intrator tells CNBC he has canceled his planned share sale program

CoreWeave chief executive Michael Intrator says he has shelved his planned share-sale programme, following strong quarterly results and a sharp post-earnings rise in the company’s stock. His decision comes amid criticism of sales by him and his co-founders while the shares have struggled, making it a notable signal to investors.

Under a plan announced in November 2025, Intrator sold 8.26 million shares at an average of $96.14, worth $794.2 million. CoreWeave reported 168% year-on-year revenue growth, beat third-quarter expectations and raised its 2026 forecast; its shares rose 20% on Wednesday but remain down 18% so far this year. Intrator also said the company did not expect the recent political and regulatory changes to affect its plans to build responsibly.