Wire · market
Welcome to the hectocorn era: 7 tech startups valued at $100 billion or more
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Fusion42 · 1 May 2026 · Fusion42 review
Seven tech startups including OpenAI, SpaceX, and Anthropic have reached "hectocorn" status with $100+ billion valuations, representing a significant shift in startup valuation benchmarks. OpenAI is seeking a $750 billion valuation while SpaceX pursues an $800 billion secondary share sale.
This Wire brief sits within Fusion42's coverage of AI Frontier Models and Space Tech.
◆ ◆ The Wire takeaway
The valuation bar for elite startups has shifted dramatically—$1B unicorns are now common, and $100B+ hectocorns define the new competitive landscape, signaling accelerated capital concentration in AI and space tech.
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1 source · 18 Dec 2025
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