Not to be outdone by Amazon, which announced the result of its headquarters search Tuesday, WeWork has revealed that SoftBank is investing another $3B in the flexible office company, an investment that ultimately values the company at $42B.

WeWork revealed the investment while discussing third-quarter results that showed it made a loss of $1.22B on $1.25B of revenue for the nine months to the end of September, Bloomberg reports. In the whole of 2017 it took a loss of $933M on revenue of $886M.

Its third-quarter revenue was $482M, and it said it was on course to make revenue of $2B next year.

The investment by SoftBank will come in two tranches, and gives the Masayoshi Son-founded investment firm the right to buy shares at $110 each if WeWork goes public, the Financial Times said. The deal takes the total amount invested by SoftBank through its $100B Vision fund to around $7.5B.

On paper, WeWork’s new valuation makes it the fourth-most-valuable startup in the world, according to data from Pitchbook, behind Ant Financial at $150B, Uber at $72B and Didi Chuxing at $58B, and ahead of Airbnb at $31B.