Annual capital expenditure requirement
Company: CoreWeave
The claim, verbatim
CoreWeave must borrow approximately $35 billion every year to build capacity
Source (primary)
Is CoreWeave At The Mercy Of The Bond Market? - Real Investment Advice (-, news_article)
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Quote: “Its capex-to-operating-income ratio runs near 35-to-1, meaning CoreWeave must borrow about $35 billion every year to keep building capacity to fulfill its revenue backlog.”
How we checked this
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Additional evidence
confirms Is CoreWeave At The Mercy Of The Bond Market? - Real Investment Advice
Quote: “Its capex-to-operating-income ratio runs near 35-to-1, meaning CoreWeave must borrow about $35 billion every year to keep building capacity to fulfill its revenue backlog.”