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FX.co ★ Three most expensive start-ups in 2021

Three most expensive start-ups in 2021

This year has become the most successful period for start-ups in history. Experts suppose that interest in new projects has never been so strong. What is more, the current conditions are perfect for rapid development. According to the estimates from CB Insights, at the moment, there are 700 unicorn companies in the world. Their total cost exceeds $2 trillion. Let us look at three most expensive start-ups

Three most expensive start-ups in 2021

ByteDance

As of May 2021, ByteDance, a Chinese internet company, is the most expensive unicorn in the world. It owns a range of popular services, the most known of which is TikTok. Today, ByteDance is valued at as much as $140 billion. Despite the rising rivalry, last year, the company managed to earn two times more than in 2019. Its revenue approached $35 billion. More than $9 billion have been invested in the company’s shares. Such behemoths as Morgan Stanley, Sequoia Capital, Softbank, etc are among the key investors of the company.

Three most expensive start-ups in 2021

Stripe

Stripe, a US financial and technological company, takes the second place in the rating. At the beginning of the spring, the company was valued at $95 billion. The unicorn primarily offers payment processing software. More than 40 large funds and organizations invest in its shares. In general, the US startup company attracted over $2 billion. Last year was the most profitable period for the company. During the pandemic, e-commerce became extremely popular, thus boosting demand for various financial tools and services. Stripe is planning to list its shares on exchanges in the near future.

Three most expensive start-ups in 2021

SpaceX

Worldwide known USpaceX is ranked third among valuable start-ups. Today, SpaceX, a firm founded by Elon Musk, is the global leader in the field of aerospace technologies. In the previous month, the unicorn was valued at almost $75 billion. The company has attracted $7.5 billion as investments. At the moment, around 40 organizations invest in SpaceX shares. Experts consider it the most prosperous start-up. The company may become a real gold mine as it is involved in the most demanded spheres such as satellite internet and space tourism.

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