Forbes has released the 2025 Midas List, marking its 24th year of ranking the top 100 venture capital investors globally.

Leading the list is SpaceX, which achieved a staggering valuation of $350 billion following a $1.25 billion share buyback, reflecting a remarkable 67% increase in just six months.

This valuation not only positions SpaceX as the world's most valuable startup but also propelled investors Shaun Maguire and David Sacks into the rankings for the first time.

OpenAI made headlines with a record funding round of $40 billion in March 2025, raising its valuation to $300 billion and solidifying its status as one of the most valuable private companies.

Established firms like Sequoia Capital have strengthened their positions on the list, with six investors featured, including notable figures such as Alfred Lin and Doug Leone.

The Midas List highlights a significant trend: AI startups captured over 50% of venture capital in 2024, marking an 80% increase compared to the previous year.

New investors are emerging, demonstrating a keen ability to identify potential unicorns in the tech industry, despite a cautious market environment.

Stripe secured the fourth position on the list, processing an impressive $1.4 trillion in payments in 2024 and achieving a valuation of $65 billion.

Airbnb, ranked fifth, reported over $11 billion in revenue, focusing on tech infrastructure improvements and community support initiatives.

Databricks made its debut on the list with a valuation of $62 billion after a successful $10 billion Series J funding round.

Anthropic, known for its innovative Constitutional AI approach, raised $3.5 billion in March 2025, reaching a valuation of $61.5 billion.

The Midas List reflects a cautious market with fewer major deals, yet it showcases significant growth in select startups, emphasizing the resilience of the tech sector.