The 50 Most Valuable Private Companies in the World. Infographic

The United States remains the epicenter of private giants — 31 out of the 50 most valuable companies are based there. China is gradually catching up, with 10 companies featured in the ranking, Scroll.media reports.

This is according to an infographic by Visual Capitalist, which highlights the world’s most valuable private companies in 2025. The data comes from CB Insights, and the ranking is based on the latest reported valuations of private firms globally.

SpaceX tops the list with a valuation of $350 billion, followed by ByteDance and OpenAI each at $300 billion.

Among the highest-valued firms are those focused on artificial intelligence. The clear leader is OpenAI, along with Anthropic ($62 billion) and xAI ($50 billion). Stripe ($70 billion) and Canva ($32 billion) demonstrate that fintech and creative tools remain powerful growth drivers.

Western Europe is represented by five companies: three from the UK — including Revolut (valued at $45 billion, co-founded by Ukrainian Vlad Yatsenko), Global Switch, and Checkout.com — plus Celonis from Germany and Klarna from Sweden.

Australia’s Canva, with a valuation of $32 billion, rounds out the top ten.

Interestingly, the visualization contains an error: instead of the logo of the American fintech company Bolt, the graphic mistakenly uses the recognizable logo of the Estonian ride-hailing company of the same name.

Additionally, Visual Capitalist notes that the dataset did not account for Scale AI’s recent deal with Meta, which valued the company at around $29 billion — enough to place it 14th in the ranking.

Recently, Scroll.media also published a ranking of the 50 largest tech companies in Ukraine. EPAM Ukraine, SoftServe, and GlobalLogic Ukraine topped the list by number of specialists. The top five also included two product companies: Ajax Systems and Genesis.