Welcome to the hectocorn era: 7 tech startups valued at $100 billion or moreNEWS | 10 January 2026More and more startups are valued in the hundreds of billions, making them hectocorns.
More and more startups are valued in the hundreds of billions, making them hectocorns. Kyodo via Reuters Connect; Craig T Fruchtman/Isaac Wasserman/NCAA Photos/Getty Images
More and more startups are valued in the hundreds of billions, making them hectocorns. Kyodo via Reuters Connect; Craig T Fruchtman/Isaac Wasserman/NCAA Photos/Getty Images
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Nearly two decades ago, tech startups used to chase the distinct pedigree of being a unicorn — reaching a $1 billion valuation.
Now, fast-growing tech startups like OpenAI and SpaceX have shifted the goal posts by hundreds of billions of dollars.
The era of the hectocorn has arrived. It is a small but growing club, and you must be valued at more than $100 billion to qualify.
The next company to join the list could be Waymo, the self-driving robotaxi startup owned by Alphabet Inc. The autonomous automaker is in talks to raise billions in a new round of funding that could send its value soaring past $100 billion, multiple outlets reported on Wednesday.
Here are seven startups that have already reached hectocorn status.Author: Never Miss A Story. Lauren Edmonds. Enter Your Email. Follow Authors. Source
