In the coming days, the Senate Finance Committee will vote on a proposal to open the IPO process for more firms to raise money through an IPO.
The proposal would require a company to disclose its market cap, a measure that is used to measure a company’s value.
The companies that are most likely to raise the most money are already valued at more than $50 billion.
But many of those firms are also the largest in the sector.
The top 10 companies in terms of market cap by market capitalization are Google, Amazon, Apple, Facebook, Netflix, Apple and Alphabet.
The next five are Microsoft, Amazon.com, Netflix and Apple.
All have more than 50 percent market capitalizations.
Other companies that have significant market caps are Google (37.5 percent), Netflix (30.9 percent), Amazon (24.5) and Apple (23.2).
What does this mean for the Senate?
The Senate has proposed a plan to raise billions of dollars through an open-market IPO, but it doesn’t specify what it would look like.
But the bill could open the doors for tech companies to raise even more money in an IPO, particularly if it were to be the only option.
Senate Majority Leader Mitch McConnell is pushing the Senate to take a more aggressive approach.
The bill also would require companies to disclose their revenue, profits and other information about the business, which is already required under SEC rules.
It would also require companies with over $1 billion in revenue to post quarterly earnings and share the information with the SEC.
The House passed a similar proposal last year and the Senate has yet to take it up.
The Senate is currently holding a markup of the bill, but the bill has not yet been introduced.
The House bill was backed by tech companies such as Facebook and Google, which are often criticized for making profits while doing little to build out their businesses.
Facebook, Google and Twitter are the largest companies in the US and dominate online advertising.
The two biggest tech companies, Amazon and Apple, have not yet publicly released their full annual reports, but their revenue is believed to be over $100 billion.
More from The Hill:Sen. Rand Paul (R-Ky.) on Wednesday suggested that tech giants like Facebook, Apple , Google and Amazon need to be allowed to make billions of people’s lives better through an exit from the US.
“If they can do it in China, or India, they can probably do it here in the United States,” Paul said during a panel discussion on Wednesday.
“And if they can’t, they should leave.”
Paul is referring to the US trade dispute with China, which he said “is the biggest threat to our democracy.”
Tech companies have already filed separate lawsuits against the US, China and India over the trade dispute.
Read moreTech giants are already facing pressure from their investors to sell more stock to make up for a lack of cash.
That pressure is building on Capitol Hill, with some lawmakers and some tech executives openly voicing concerns about a lacklustre stock market.
A Senate Finance subcommittee on Thursday will begin voting on the bill that would allow for an IPO that would be more competitive with traditional publicly traded companies.
The subcommittee is expected to take up the measure at the end of the month.
Sen. Bernie Sanders (I-Vt.) and Rep. Hank Johnson (D-Ga.) are among the senators pushing to reform the IPO rules to help tech companies raise money.
The committee is expected vote on an IPO reform bill in the next few days, but a vote on the proposal is not expected to happen until January at the earliest.
The legislation would create a panel of advisors to help companies raise funds through an public offering, but there is no requirement that these advisers be accredited investors or have expertise in the tech industry.