Crusoe Stock Price, Valuation & IPO
Private company — Crusoe is privately held. Its shares are not listed on any public exchange and can only be accessed through private secondary transactions.
Status source: AXEVIL investment team
$205.97 per share (AXEVIL consensus estimate)
Source: AXEVIL consensus of recent secondary transactions · as of 14 September 2026
Last round valuation: $31B
Source: F, September 2026, post-money
Total raised: $2.5B+
Data last updated: 15 October 2026
About Crusoe
The first vertically integrated company spanning power generation to modular AI data centers.
Crusoe is the first company building AI data centers paired with its own power generation (gas turbines, reactors, batteries), solving AI's electricity shortage. It's the key construction contractor for the Stargate megaproject (OpenAI/Oracle), with OpenAI, Oracle, Microsoft, Google, and NVIDIA as clients. Revenue grew from $251M (2024) to $535M (2025, +113%), with 2026 guidance of $1.3B and positive EBITDA; $18B in contracts are already signed. It's targeting an IPO in H2 2027 at a $50B valuation.
- Sector: Artificial Intelligence
- Headquarters: Denver, Colorado
- Founded: 2018
Key highlights
- Stargate $500 billion+ — and Crusoe is building a flagship. Crusoe is the general contractor for the largest private computing project (OpenAI/Oracle): Phase 1 in Abilene is operational, Phase 2 - mid-2026; operational moat.
- Project Jade is potentially the largest data center in the US. Approved in January 2026: up to 10 GW and $50 billion+ investments — one facility comparable to public data-center REITs and justifies a $50 billion valuation.
- Microsoft joined as an anchor client. 900 MW campus in Abilene (March 2026) mitigates concentration risk on OpenAI/Oracle and confirms the role of a neutral provider.
- The main barrier for data centers is not GPU, but electricity. Demand for electricity for data centers will grow by +160% by 2030; Crusoe builds generation near buildings, while competitors wait for years for grid connection.
- Growth reacceleration + EBITDA inflection. Revenue +113% in 2025 ($535M) and +143% forecast in 2026 ($1.3 billion) with EBITDA reaching $58M; contracts $18 billion + $88 billion pipeline.
Funding rounds
| Date | Round | Price / share | Post-money valuation |
|---|---|---|---|
| 18 September 2026 | F | $205.97 | $31B |
| 24 October 2025 | E | $84.01 | $10B |
| 12 December 2024 | D1 | $29.17 | $2.8B |
| 21 April 2022 | C1 | $29.17 | $1.8B |
| 26 April 2021 | B1 | $11.56 | $453M |
| 6 December 2019 | A | $3.84 | $103M |
| 3 May 2019 | Seed2 | $0.94 | $15M |
Latest news
Frequently asked questions
How can I buy Crusoe stock before the IPO?
Not on a public exchange — Crusoe is privately held. Shares change hands only in private secondary transactions. AXEVIL structures those as dedicated US special purpose vehicles for accredited investors, subject to availability and to the rules of your jurisdiction.
What is the Crusoe stock price?
A private company has no single official share price. AXEVIL's consensus estimate is $205.97 per share as of 14 September 2026. Its most recent round implied a post-money valuation of $31B (September 2026).
What is Crusoe's valuation (net worth)?
Crusoe's most recent funding round valued the company at $31B post-money (September 2026) — the latest primary-market measure of what the company is worth. Secondary trades can price its shares above or below that round.
When will Crusoe IPO?
No listing has been announced. AXEVIL does not forecast IPO dates — this page states what has actually been filed or reported, with the date it was last checked.
Is Crusoe publicly traded?
No. Crusoe is a private company and its shares are not listed on any public exchange.
Does Crusoe have a stock symbol?
No. Crusoe has no ticker symbol because its shares are not listed on any exchange; a symbol is assigned only at an IPO or direct listing.
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Risk disclosure
Nothing on this page is an offer to sell or a solicitation to buy any security, and it is not investment advice. Valuations and share prices shown here are AXEVIL estimates built from primary sources — filings, announced rounds and completed secondary transactions — not quoted market prices, and they can be revised. Private-company shares are illiquid, may be impossible to sell, and the entire amount invested can be lost. Availability depends on your jurisdiction and on accredited-investor status.