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The Financial Times has a new tracker, featuring race cars and a checkered flag, "Track the market cap race to a trillion: Will Apple, Amazon, Microsoft or Alphabet reach the ‘quatro commas’ club first?" (Subscription.)

The state of play: "Apple is closest to becoming the first [public] company to achieve a $1tn valuation, but Amazon, Alphabet and Microsoft are not far behind."

The paper today begins a series, "Race to a trillion": "Leading tech companies have enjoyed surges in market capitalization, as revenues and profits have powered ahead and investors showed an insatiable appetite for their shares."

The tech industry's race to $1 trillion

Apple is the favorite to hit the milestone first.

The Apple logo at the Apple store. Photo: Alexander Phol/NurPhoto via Getty Images.

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Apple

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The Financial Times has a new tracker, featuring race cars and a checkered flag, &quot;Track the market cap race to a trillion: Will Apple, Amazon, Microsoft or Alphabet reach the ‘quatro commas’ club first?&quot; (<a class="gtmContentClick" data-vars-link-text="Subscription" data-vars-click-url="https://ig.ft.com/tech-race-to-a-trillion/" data-vars-content-id="5b0ae9cd-430c-4407-8667-cdd9c2bb4756" data-vars-headline="The tech industry&#x27;s race to $1 trillion" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://ig.ft.com/tech-race-to-a-trillion/" target="_blank">Subscription</a>.)The state of play: &quot;Apple is closest to becoming the first [public] company to achieve a $1tn valuation, but Amazon, Alphabet and Microsoft are not far behind.&quot;

From the Valley to D.C., Big Tech players like Facebook, Google and Amazon are under more scrutiny than ever as new technology develops and privacy and antitrust concerns grow in lockstep with companies’ ambitions.

The tech industry's race to $1 trillion

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