It doesn't. VV Cephei is the second biggest star we know after
VY Canis Majoris. VV Cephei is estimated to be 2600 times bigger
than the Sun, so it is not possible for it to orbit the sun.
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Here are a few:T Cephei, VV Cephei, VY Canis Majoris, NML Cygni,
WOH G64, and V059 Cassiopae.
... Mu Cephei, Mu Cephei A, ... There are certainly an extremely
high number of stars that are bigger than Betelgeuse in the known
universe alone.