Why these companies are the private 'Magnificent Seven'

The "Magnificent Seven" that Wall Street usually talks about are Nvidia (NVDA), Alphabet (GOOG, GOOGL), Tesla (TSLA), Microsoft (MSFT), Amazon (AMZN), Meta (META), and Apple (AAPL). But there are seven private companies that investors are trying to cash in on too.

According to Forge Global, those private Magnificent Seven are SpaceX, OpenAI, Stripe, Databricks, Fanatics, Scale, and Rippling.

Right now, the ability to gain access to the market is limited, with primarily only insiders able to invest. But Forge Global CEO Kelly Rodriques says a lot of outsiders are trying to gain access, adding that these private Magnificent Seven companies are "staying private longer and longer. And they're getting bigger and people want access to those names."

Rodriques tells Yahoo Finance that these seven companies comprise about 25% of the private market valuation.

Watch the video above to hear what Rodriques says about these companies' valuations and the possibility of them going public.

For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime.

This post was written by Stephanie Mikulich.

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