Privates investors are turning one tech company into a unicorn every week in 2017.
There are 24 new unicorns, private companies with post-money valuations of $1 billion or more, this year so far, according to TechCrunch, which updated its CrunchBase Unicorn Leaderboard on June 1. That is about the same rate as in 2016, when 50 businesses joined the unicorn club.
It is not just the newcomers who are getting the attention from venture capitalists, however, as already-listed unicorns were more likely to increase in value than decrease. Pinterest told Bloomberg on Tuesday that during its latest round of fundraising, it raised $150 million from its current investors. That puts the valuation of the advertisement-driven social-media company at $12.3 billion, up from the $11 billion at which it was valued it in April 2016. Its new value would place Pinterest at No. 10 on the leader board.
Here are the top 10 unicorns, according to CrunchBase's current leader board.
San Francisco-based Uber Technologies develops and operates ride-hailing and food-delivery mobile apps.
Uber was valued at $62.5 billion in April, according to CrunchBase. It reported that it lost $700 million its its first quarter, even though revenue increased 19%. On Tuesday, it also announced it had fired 20 employees amid allegations of sexual harassment at the company.
Ant Financial Services Group, the financial affiliate of Chinese Alibaba Group (BABA - Get Report) , runs Alipay, the world's largest mobile and online payments platform, as well as Yu'e Bao, the largest money market fund in the world.
In February, it was valued at $60 billion, according to CrunchBase. Hong Kong-based brokerage and investment company CLSA Ltd., however, revalued the company at $75 billion, according to Bloomberg. Ant Financial was expected to close a deal with U.S. money-transfer firm MoneyGram in the second half of 2017 but Kansas-based Euronet Worldwide started a bidding war in March. In May, sources told Financial Times that the company was planning an IPO for the end of 2018 or early 2019.
Beijing-based Didi Chuxing is a ride-sharing company in China providing transportation to more than 400 million people.
Xiaomi is a Beijing-based Chinese electronics company making smartphones, laptops, mobile apps, and more. In 2015, it was the fifth largest producer of smartphones in the world.
CrunchBase has Xiaomi's value reported at $45 billion as of April 2015, though it was not officially confirmed. Once the world's most valued private company, its growth has slowed, with CEO Lei Jun saying it had grown "too fast" earlier in 2017, according to Business Insider. With slumping sales in China, the company is looking for ways to expand internationally.
Airbnb Inc. is a hospitality broker with more than three million lodging listings in nearly 200 countries.
The San Francisco-based company is valued at $31 billion as of March, according to the unicorn leader board. Despite being No. 5 on the list, CEO Brian Chesky in March said the company is in no rush to go public. It has also made headlines for its public opposition to President Donald Trump's executive order that would ban people from six countries from coming to the United States. Airbnb offered those affected by it free housing.
Palantir Technologies Inc. is a big-data analysis firm. Its most well-known projects are Palantir Gotham, which is used by federal counter-terrorism analysts, and Palantir Metropolis, which serves hedge funds, banks, and financial services firms.
In November, the Palo Alto, California-based company was valued at $20.33 billion, CrunchBase reports. CEO Alex Karp told Bloomberg in February that he expects the company to be profitable this year, and in October he said Palantir Technologies was positioned to go public.
Shanghai Lujiazui International Financial Asset Exchange Co. Ltd., known as Lufax, is based in Lujiazui, China, and is a peer-to-peer, online lending service. In 2015, it was the second largest of its kind in China.
In January 2016, Lufax was estimated to be worth $18.5 billion, according to CrunchBase. In August, according to The Wall Street Journal, Lufax was planning an IPO in Hong Kong by the end of 2017.
Meituan-Dianping is the world's largest online and on-demand delivery platform, recording 10 million daily orders and deliveries.
The Beijing-based company is valued at $18 billion as of July, according to CrunchBase. In February, Meituan-Dianping added a ride-hailing service to its app, taking on Didi Chuxing after it kicked Uber from China in August, according to TechNode. In May, sources told Bloomberg that Alibaba and Ant Financial are raising money for Ele.me, a competitor of Meituan-Dianping, who is backed by Tencent (TCEHY) , Alibaba's rival.
New York City-based WeWork offers shared work space and services to entrepreneurs, freelancers, startups and small businesses. It has locations throughout the United States and in 12 countries.
As of February, WeWork is valued at $16.9 billion, the unicorn leader board reports. In February, sources told CNBC that SoftBank was considering a $3-billion investment in the company. WeWork is looking into creating a new service called WeLive, which would link tenants with living areas that share kitchens and bathrooms, according to Zacks.
Space Exploration Technologies Corp., or SpaceX, is an aerospace manufacturer and space transportation company. Tesla (TSLA - Get Report) CEO Elon Musk founded SpaceX and serves as its CEO and chief technology officer.
The Hawthorne, California-based company has a $12-billion value, according to CrunchBase. Last year, SpaceX had a mysterious explosion on one of its launch pads, and the investigation delayed launches, which started again in January. On Tuesday, the U.S. Air Force confirmed SpaceX would launch its first Air Force mission in August when it launches a secretive X-37B military spaceplane on one of its Falcon 9 rockets. In May, SpaceX launched a rocket for the National Reconnaissance Organization as a part of its first big contract with the U.S. military.
What's Hot on TheStreet
Alibaba lit things up: After a monster run in its stock on the heels of a bullish investor day, Alibaba (BABA - Get Report) founder Jack Ma saw his net wealth rise $8.5 billion to $41.8 billion. He is Asia's richest man, according to the Bloomberg Billionaires Index.
Why not stay long this tech stock, momentum lives on: Chip-maker Nvidia (NVDA - Get Report) is the best-performing S&P 500 component this quarter. The stock is up a robust 54% in June as Wall Street has become even more bullish on the company's prospects.
ROBOTS: There really isn't any additional information needed on this one. Softbank Corp. (SFTBY) has struck a deal to pick up Alphabet's (GOOGL - Get Report) robot-maker Boston Dynamics. TheStreet shows you inside of five seconds what Boston Dynamics does -- it's really cool stuff.
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Editor's Pick: Originally published June 8.