(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 Company Industry
investors HQ
OpenAI $500 bln SoftBank United Software
States
SpaceX $400 bln Andreessen United Aerospace
Horowitz States
ByteDance $220 bln Sequoia China Software
Capital
Anthropic $183 bln ICONIQ United Software
Capital States
Ant Group $150 bln Alibaba China Software
OpenSea $100 bln Coatue United Crypto
States
Reliance $100 bln Abu Dhabi India Retail
Retail Investment
Authority
Databricks $100 bln Andreessen United Software
Horowitz States
Shein $66 bln Sequoia China Clothing
Capital
Stripe $65 bln Baillie United Software
Gifford States/Ir
eland
Reliance Jio $58 bln Meta, Google India Telecoms
xAI $50 bln Elon Musk United Software
States
Revolut $45 bln Tiger Global United Software
Kingdom
Waymo $45 bln Alphabet United Transportat
States ion
Canva $42 bln Fidelity Australia Software
Management
Checkout.com $40 bln Altimeter United Software
Kingdom
** Data is based on valuations set by investors during priced funding rounds for companies, according to data firm Crunchbase, as of October 3.
(Reporting by Shashwat Chauhan and Purvi Agarwal in Bengaluru; Editing by Shinjini Ganguli)
