This year, 174 US companies have achieved unicorn status.
While it's down from a record 2021, this year is set to be one of the biggest ever for new unicorns.
With markets plunging, it's unclear whether these companies can hold on to sky-high valuations.
Despite market turmoil and falling valuations, 174 US companies have attained the coveted unicorn status this year, meaning they raised money at a valuation of at least $1 billion.
Even Binance.US, which achieved a $4.7 billion valuation in March, may soon face its own crypto reckoning as questions swirl about the health of its parent company.