v3.25.2
Related-Party Transactions (FY) (Details)
1 Months Ended 3 Months Ended 6 Months Ended 12 Months Ended 14 Months Ended
Oct. 31, 2024
Shareholders
shares
Sep. 30, 2024
USD ($)
shares
Jul. 31, 2024
USD ($)
Jun. 30, 2025
USD ($)
Jun. 30, 2024
USD ($)
Jun. 30, 2025
USD ($)
Jun. 30, 2024
USD ($)
Dec. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Shareholders
shares
Dec. 31, 2022
USD ($)
May 31, 2024
USD ($)
Aug. 31, 2024
USD ($)
Jul. 31, 2023
USD ($)
Oct. 31, 2022
USD ($)
shares
Apr. 30, 2022
USD ($)
Oct. 31, 2021
USD ($)
shares
Class of Warrant or Right [Line Items]                                
Ownership of company equity threshold eligibility for redeemable stock 5.00%               5.00%   5.00%          
Number of stockholders participated in tender offer | Shareholders 1               1              
Debt amount       $ 11,171,485,000   $ 11,171,485,000   $ 8,033,477,000 $ 1,555,049,000              
Interest expense       256,162,000 $ 67,097,000 $ 513,533,000 $ 107,600,000 $ 349,203,000 26,967,000 $ 8,374,000            
MagAI Capacity Agreement                                
Class of Warrant or Right [Line Items]                                
Face amount                       $ 230,000,000        
2021 Convertible Senior Secured Notes | Related Party | Senior Secured Notes Involving Magnetar                                
Class of Warrant or Right [Line Items]                                
Face amount                             $ 50,000,000 $ 20,000,000
Maturity date               Dec. 31, 2025                
Term of right           1 year   1 year                
2022 Senior Secured Notes | Related Party                                
Class of Warrant or Right [Line Items]                                
Repayments of debt     $ 137,000,000                          
2022 Senior Secured Notes | Related Party | Senior Secured Notes Involving Magnetar                                
Class of Warrant or Right [Line Items]                                
Face amount                           $ 125,000,000    
Repurchase amount     137,000,000                          
Debt amount                 124,000,000              
DDTL 1.0 Facility                                
Class of Warrant or Right [Line Items]                                
Face amount               $ 2,300,000,000                
Maturity date               Mar. 28, 2028                
Debt amount               $ 2,000,000,000 1,400,000,000              
Maximum borrowing capacity                         $ 2,300,000,000      
DDTL 1.0 Facility | Related Party                                
Class of Warrant or Right [Line Items]                                
Maximum borrowing capacity                         2,300,000,000      
DDTL 1.0 Facility | Related Party | Facilities Managed By Magnetar                                
Class of Warrant or Right [Line Items]                                
Debt amount       388,000,000   $ 388,000,000   438,000,000 311,000,000              
Maximum borrowing capacity                         $ 520,000,000      
Repayments of debt       30,000,000 5,000,000 55,000,000 5,000,000 63,000,000 0              
Interest expense       14,000,000 18,000,000 29,000,000 31,000,000 66,000,000 $ 6,000,000              
DDTL 2.0 Facility                                
Class of Warrant or Right [Line Items]                                
Face amount               3,800,000,000                
Maximum borrowing capacity                     $ 7,600,000,000          
DDTL 2.0 Facility | Related Party                                
Class of Warrant or Right [Line Items]                                
Maximum borrowing capacity                     7,600,000,000          
DDTL 2.0 Facility | Related Party | Facilities Managed By Magnetar                                
Class of Warrant or Right [Line Items]                                
Debt amount       137,000,000   137,000,000   106,000,000     106,000,000          
Maximum borrowing capacity                     $ 210,000,000          
Repayments of debt               0                
Interest expense       3,000,000 $ 0 6,000,000 $ 0 3,000,000                
Magnetar Loan                                
Class of Warrant or Right [Line Items]                                
Face amount       230,000,000   230,000,000                    
Debt amount       256,630,000   256,630,000   $ 0                
Interest expense           27,000,000                    
Magnetar Loan | Related Party | MagAI Capacity Agreement                                
Class of Warrant or Right [Line Items]                                
Face amount       230,000,000   230,000,000                    
Interest expense       $ 8,000,000   $ 27,000,000                    
Common Stock                                
Class of Warrant or Right [Line Items]                                
Number of shares issued to employees and stockholders (in shares) | shares                 41,476,000              
Common Class A                                
Class of Warrant or Right [Line Items]                                
Number of shares issued to employees and stockholders (in shares) | shares 13,851,240                              
Common Class A | 2021 Convertible Senior Secured Notes | Related Party                                
Class of Warrant or Right [Line Items]                                
Shares converted to common stock (in shares) | shares   24,543,980                            
Common Class A | 2021 Convertible Senior Secured Notes | Related Party | Senior Secured Notes Involving Magnetar                                
Class of Warrant or Right [Line Items]                                
Warrants   $ 15,000,000                           $ 15,000,000
Number of issuable shares by rights (in shares) | shares                               375,000
Common Class A | 2022 Senior Secured Notes | Related Party | Senior Secured Notes Involving Magnetar                                
Class of Warrant or Right [Line Items]                                
Number of issuable shares by rights (in shares) | shares                           12,144,668    
Right for common stock outstanding 5.00%                         5.00%    
Repurchase amount     $ 137,000,000