Crusoe Stock: Will Sustainable AI Computing Spark IPO Demand?

Explore opportunities to invest in Crusoe stock pre-IPO as the startup matures into an IPO candidate.

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Notable Crusoe News

09/30/2025: Crusoe announces Abilene data center is live
08/21/2025: Crusoe in Talks for $10 Billion Valuation
06/11/2025: Crusoe lands $750 million credit line for AI buildout
12/12/2024: Crusoe closes $600m in Series D
Older news…

About Crusoe

Crusoe is a Denver-based AI computing company that builds cloud and AI infrastructure powered by cleaner energy sources, including wasted, stranded, and renewable energy.

Founded in 2018 by Chase Lochmiller and Cully Cavness, Crusoe initially captured excess natural gas from oil fields and converted it into power for data centers, thereby reducing both costs and carbon emissions.

Its primary business today focuses on sustainable cloud computing, offering GPU-based (e.g., Nvidia chips) infrastructure for AI workloads.

The Crusoe Cloud platform is designed to provide high-performance computing while minimizing environmental impact.

The name “Crusoe” reflects the idea of resourcefulness — using “stranded” energy, like Robinson Crusoe, making use of what’s available in a remote environment.

Positioned as a greener alternative to traditional data centers, Crusoe competes with hyperscalers and “neo cloud” providers like CoreWeave, Nebius, and Lambda, but differentiates itself through a commitment to energy efficiency and carbon reduction technologies.

It is a key player in the Stargate Project, a $500 billion AI infrastructure investment led by OpenAI, Oracle, and MGX. 

Ownership

Crusoe is a venture-based startup. Owners include founders, employees, and a large pool of venture capital firms and individual investors.

Venture capital investors include Founders Fund, Mubadala, Fidelity, Long Journey Ventures, Nvidia, Ribbit Capital, Valor Equity Partners, G2 Venture Partners, Atreides Management, Bain Capital, CMT Digital, Castle Island Ventures, DRW Venture Capital, Engine No. 1, Exor Ventures, Felicis, Fifth Down Capital, Lowercarbon Capital, MCJ, Mitsui & Company, Polychain Capital, Rosemoor Capital, Winklevoss Capital, Zigg Capital, Valor Equity Partners, KCK Group, and Wicklow Capital.

Funding Rounds

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Valuation

The last confirmed Crusoe valuation is $2.8 billion based on the Series D funding round that completed in December 2024. 

However, an August 2025 report from Bloomberg revealed the company plans to raise new funds at a $10 billion valuation. As of Q4 2025, secondary marketplace valuations at Caplight support that level. 

IPO Potential

The Crusoe IPO date is unknown. The startup is currently in a substantial growth phase as it expands its cloud AI infrastructure in a booming AI computing environment. 

A Q4 2025 funding round, either a Series D extension or Series E, would show signs of the company maturing and attaining significant funding.

The startup may follow in the footsteps of CoreWeave and pursue an early IPO, or wait longer to solidify its business model under the excitement and uncertainty and fast-moving times of the AI infrastructure explosion. 

Monitor this web page for the latest news bringing us closer to a Crusoe IPO. 

How to Invest in Crusoe Stock

Crusoe is expanding from a mid-to-late-stage startup. As its valuation grows and it raises more private funds, pre-IPO opportunities will become more available. 

Although an IPO is not anticipated within the next 18 months, management may decide to pursue the public route, providing broad access to retail investors.

Aspiring shareholders can increase their chances of investing in Crusoe shares by taking the actions outlined below.

1. Monitor pre-IPO investing platforms for Crusoe equity

Accredited investors can monitor pre-IPO secondary marketplaces for share availability. 

Prominent platforms include Hiive, Augment, Forge Global, Nasdaq Private Markets, and EquityZen. 

Investment minimums on these platforms range from $10,000 to $50,000 or more. 

Direct private stock investment and through special purpose vehicles (SPVs) require that investors be accredited. 

Non-accredited retail investors can invest in pre-IPO companies through venture capital products on platforms such as Fundrise Venture and the ARK Venture Fund. 

However, Crusoe stock is not currently present in the portfolio. 

Please note: This is a testimonial in partnership with Fundrise. We earn a commission from partner links on AccessIPOs.com. All opinions are my own.

2. Participate in the Crusoe IPO through a broker 

Crusoe has not filed for an IPO publicly or confidentially as of Q4 2025. Management has not yet indicated its future corporate structure. 

But as it grows and matures, it may consider an IPO vs. an acquisition, which may be more challenging due to its environmental values. 

If the company files, retail investors can prepare to invest in the IPO by opening accounts with the following online brokers and watching for IPO opportunities. 

• TradeStation
• Robinhood

Access IPOs monitors growing startups and helps investors gain access to IPO shares. High-demand IPOs can provide opportunities for short-term gains.

Check out this list of the best brokers for IPO investing to learn more about IPO access for retail investors.

3. Invest after the IPO

Investing in a company after it goes public instead of while it is still private can offer several advantages. Here are three key benefits: 

• Increased Transparency and Regulatory Scrutiny — Public companies are subject to compliance and reporting standards, which require them to disclose detailed financial and operational information. This transparency minimizes the likelihood of investment decisions being made based on incomplete or deceptive data, thereby protecting investors.
• Improved Liquidity and Accessibility — Unlike private investments, shares of publicly traded companies are bought and sold on stock exchanges, offering investors greater liquidity. This accessibility allows individuals to adjust their portfolios in response to changing market conditions or personal financial goals, often with reduced transaction costs.
• Market-Based Valuation and Credibility — The IPO process serves as a rigorous validation of a company’s worth and business model. Through due diligence and collaboration with lead and secondary bookrunners, a company’s shares are introduced to institutional investors, who help determine an initial market price. This process establishes a credible, market-driven valuation, giving individual investors a reliable benchmark for assessing the company’s value.

Though investors may lack the patience to invest in innovative companies, stock prices often fall after the IPO, presenting excellent opportunities for long-term buy-and-hold investors. 

One of the primary challenges for IPO investors is determining whether IPO participation is worthwhile or if they should wait for the stock to fall below its IPO price, which may or may not happen.

Frequently Asked Questions (FAQs)

Is Crusoe publicly traded?

No. Crusoe is not publicly traded.

What is the Crusoe stock symbol?

Crusoe remains a private company, so there is no stock symbol yet. We won’t know the Crusoe ticker symbol until it files for an IPO via an S-1 SEC filing. 

Until then, we can speculate. Here are a few potential Crusoe stock symbols that are currently available in the U.S.  

• CRU
• CRSO
• CRUO

What is the Crusoe stock price?

A public Crusoe stock price does not exist because the company remains private.

The December 2024 Series D funding round took place at $29.17 per share.

As of October 2025, the estimated stock price provided by Caplight is $117 based on recent secondary transactions. 

Where is the Crusoe S-1 Filing?

Crusoe has not yet submitted an S-1 filing to the SEC to kick off the IPO process. When it does, we’ll post it here. 

The company will likely file confidentially before releasing documentation to the public. That process allows the SEC to comment on the filing for amendments. 

News Archive

10/23/2023: Crusoe Announces $200m in new financing
04/21/2022: Crusoe Closes $505 Million in New Capital

Conclusion

Crusoe represents a rare combination of technical ambition and environmental responsibility in an industry dominated by scale and speed.

Its history illustrates how capturing wasted natural gas can power AI infrastructure as part of the Stargate Initiative, demonstrating that innovation can emerge from constraints rather than excess.

Crusoe’s drive to make computing cleaner has turned it into both an energy innovator and a serious player in the AI infrastructure race.

Whether the company remains private or eventually lists on the market, its growing valuation shows that investors see real value in sustainable infrastructure.

The next private funding round will give investors insight into how confident venture capital sees Crusoe in a crowded but growing space.

If the company successfully balances growth with its mission, it could set a new standard for how data and energy intersect.