-đTop 3 Most Valuable (2025): 1. SpaceX ($250â300B) â Leads with Starlink, space exploration. 2. ByteDance ($225â275B) â TikTok/Douyin growth despite geopolitical risks. 3. OpenAI ($80â120B) â AI dominance but faces competition/regulation. ---đ-Key Changes: - Lowered valuations. : OpenAI (down from $157B), SpaceX/ByteDance (more conservative ranges). - Shein. ($60â70B) relocated to Singapore, pivoting to AI/luxury markets. - Fanatics. replaced by Epic Games ($25â30B) due to gaming/metaverse growth. - xAI. ($30â40B) lags behind OpenAI; Revolut ($40â50B) expands in Asia. ---Factors: - Market saturation (AI), regulatory hurdles, and competition temper growth. - Geopolitics (ByteDance/Shein) and IPO timing (Stripe) impact valuations. -- Wildcards : Neuralink, Lucid Motors, or Byjuâs could surge with breakthroughs.
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