CORRECTED-FACTBOX-The world's biggest privately held companies (October 3)
Oct 3 (Reuters) - ChatGPT-parent OpenAI reportedly reached a valuation of $500 billion earlier this week, cementing its place as the most valuable privately held company in the world, according to Crunchbase data.
Another company potentially close to that valuation is crypto giant Tether. Bloomberg News reported last month that Tether was in talks to raise as much as $20 billion, which could value the firm at about $500 billion.
With investor enthusiasm for AI reshaping valuations across financial markets, here is a look at some of the biggest private companies worldwide:
Company | Valuation | Notable investors | Company HQ | Industry |
OpenAI | $500 bln | SoftBank | United States | Software |
SpaceX | $400 bln | Andreessen Horowitz | United States | Aerospace |
ByteDance | $220 bln | Sequoia Capital | China | Software |
Anthropic | $183 bln | ICONIQ Capital | United States | Software |
Ant Group | $150 bln | Alibaba | China | Software |
Reliance Retail | $100 bln | Abu Dhabi Investment Authority | India | Retail |
Databricks | $100 bln | Andreessen Horowitz | United States | Software |
Shein | $66 bln | Sequoia Capital | China | Clothing |
Stripe | $65 bln | Baillie Gifford | United States/Ireland | Software |
Reliance Jio | $58 bln | Meta, Google | India | Telecoms |
xAI | $50 bln | Elon Musk | United States | Software |
Revolut | $45 bln | Tiger Global | United Kingdom | Software |
Waymo | $45 bln | Alphabet | United States | Transportation |
Canva | $42 bln | Fidelity Management | Australia | Software |
Checkout.com | $40 bln | Altimeter | United Kingdom | Software |
Data is based on valuations set by investors during priced funding rounds for companies, according to data firm Crunchbase, as of October 3.
Related Articles
Gold Price Hits New High: Has Bitcoin Fully Declined?
Gold prices surged over 70% in 2025, while Bitcoin fell over 5%. Will there be a chance for a comeback in the future?
Rocket Lab Stock Analysis: Why Is Rocket Lab Stock Price Soaring? Is Now a Good Time To Buy?
TradingKey - Even though Rocket Lab's stock price has seen substantial gains from its previous levels, we believe that Rocket Lab still offers speculative value.
Elon Musk’s SpaceX Poised for Record-Breaking IPO: How Can Retail Investors Get In on the Action of Starlink Stock?
TradingKey - Elon Musk's rocket manufacturer SpaceX is expected to launch an IPO in 2026, with a target IPO valuation projected to reach $1.5 trillion. However, prior to its listing, the stock can only be traded in the private market, characterized by low information transparency and high capital ba
Why Is the "Altcoin Season" Delayed? Will Altcoins Perish?
The anticipated "altcoin season" has yet to materialize, constrained by a lack of fresh market capital and Bitcoin's continued dominance in absorbing available funds. This does not mean all altcoins will perish; however, a segment of these tokens will gradually exit the market. Therefore, caution is
