React JS
Some coding implementations such as ReactJS allow you to use a value attribute with the <select> tag so this would be perfectly valid code:
<select value="2"> <option value="1">Something</option> <option value="2">Something else</option> </select>
So if you are seeing code examples like this it is likely because it is in React or other similar library/framework.
Of course, with this approach, typically you would want to specify the value in state, so that it is updateable.
HTML with Attribute Minimization:
However, if you are using purely HTML you must use the selected attribute in your <option> tag as follows:
<select> <option value="1">Something</option> <option value="2" selected>Something else</option> </select>
HTML with Full Attribute Specification:
The above uses attribute minimization, but you can also specify the full form if you want:
<select> <option value="1">Something</option> <option value="2" selected="selected">Something else</option> </select>