--- title: "Industrial giant Honeywell is about to spin off its aerospace business, while SpaceX's record IPO ignites imagination in the aerospace supply chain" type: "News" locale: "en" url: "https://longbridge.com/en/news/288272813.md" description: "Honeywell announced the spin-off of its aerospace business, with the new brands being Honeywell Technologies and Honeywell Aerospace. The separation is expected to be completed by June 29, 2026, and both companies will trade independently on the US stock market, with the ticker symbols HON and HONA, respectively. This move aims to drive the company's specialization in automation and aerospace technology" datetime: "2026-06-01T12:23:55.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/288272813.md) - [en](https://longbridge.com/en/news/288272813.md) - [zh-HK](https://longbridge.com/zh-HK/news/288272813.md) --- # Industrial giant Honeywell is about to spin off its aerospace business, while SpaceX's record IPO ignites imagination in the aerospace supply chain According to the Zhitong Finance APP, American industrial giant Honeywell (HON.US) announced on Monday its new brand identities for its automation business and the soon-to-be-spun-off aerospace business—Honeywell Technologies and Honeywell Aerospace. As Honeywell is set to officially divest one of its core businesses, the aerospace division, on June 29, 2026, these two companies will become independent and both will be publicly traded on the U.S. stock market. Honeywell currently has a market capitalization of approximately $150.72 billion, and the company stated that its automation business will operate under the name Honeywell Technologies and will continue to trade on the Nasdaq under the ticker symbol "HON." According to a statement, after the divestiture of the aerospace business, Honeywell Technologies will become a global technology leader in the industrial sector transitioning from automation to full autonomy, with a comprehensive portfolio of mission-critical, outcome-based technologies, solutions, and software systems designed to drive customer productivity and performance growth. In the future, the company will be revalued against high-growth infrastructure assets. Meanwhile, the aerospace business will trade on Nasdaq under the name Honeywell Aerospace with the ticker symbol "HONA." This company will become one of the largest publicly traded pure aerospace technology systems providers, with a leading position in technology and systems, and will continue to drive the future of the aerospace industry through increasing electrification and autonomous flight systems. "Today marks another decisive moment in our transformation into two independent and specialized companies," said Honeywell Chairman and CEO Vimal Kapur in a statement. "With Honeywell's century-long legacy, these new brand identities pay tribute to our history while reflecting the vision and strategic focus that will define Honeywell Technologies and Honeywell Aerospace as independent companies. This is a moment of renewed beginnings for two exciting new eras of business." The original Honeywell will not disappear but will be "split in two"—the publicly traded company with the ticker symbol HON will continue to exist, but its main business will shift to automation technology; the aerospace business will be separately listed with the stock code "HONA." Honeywell has also arranged for the aerospace and automation businesses to hold separate investor days to announce to global investors that both companies will independently face the capital markets after the split. Honeywell's latest split sends an important market signal—at a time when SpaceX, founded by Elon Musk, is preparing for a record IPO, investors and company management are actively pushing to separate "commercial aerospace/aerospace business" from traditional industrial groups to reprice it according to high-growth infrastructure assets. Recent media reports indicate that SpaceX is still seeking up to $75 billion in fundraising, with a valuation target of approximately $1.8 trillion, which, if completed, would set a new global IPO record. Although the first flight of SpaceX's Starship V3 experienced a booster return failure and was requested by the FAA for investigation, the test still achieved several key objectives, including simulating satellite deployment and controlled splashdown of the spacecraft In other words, the market is simultaneously trading two things: on one side, SpaceX is challenging the public market valuation ceiling with its grand growth narrative of a "reusable rocket business model + Starlink + AI applications + solar energy storage + space orbital AI computing infrastructure"; on the other side, mature industrial assets like Honeywell are striving to carve out the aerospace supply chain separately amid the commercial aviation investment boom, taking on the overflow demand for avionics, autonomous flight, and commercial space. The "three-in-one" of Tesla, SpaceX, and xAI is likely the ultimate destiny of the three companies founded by Musk, forming the "Musk Super Business Empire." With Musk recently frequently releasing positive progress on space AI data centers, large-scale energy storage, artificial intelligence, full self-driving (FSD), Robotaxi, and the revolutionary "Optimus" humanoid robot, this world’s richest man seems to be stringing together a financeable and clearly articulated "super vertically integrated asset chain" of "commercial space systems + Starlink satellite communication + space AI computing systems/AI large models + energy/storage + electric vehicles + autonomous driving + robotics manufacturing," in order to amplify leverage in both the capital markets and high-tech industry. As the richest person in the world to date, Musk has previously accomplished what others deemed impossible—creating a commercially viable high-frequency rocket launch business through SpaceX, bringing electric vehicles into the mainstream market through global electric vehicle leader Tesla Inc., and providing internet connectivity infrastructure services from space through Starlink. However, some investors are skeptical about whether Musk can truly realize his "most epic" chip-making initiative recently outlined in Austin and whether he can genuinely achieve his envisioned "artificial intelligence, autonomous driving, humanoid robots, space AI data centers, and human migration to Mars super blueprint." ### Related Stocks - [HON.US](https://longbridge.com/en/quote/HON.US.md) - [PL.US](https://longbridge.com/en/quote/PL.US.md) - [SATS.US](https://longbridge.com/en/quote/SATS.US.md) - [VCX.US](https://longbridge.com/en/quote/VCX.US.md) - [SPCX.US](https://longbridge.com/en/quote/SPCX.US.md) - [RKLB.US](https://longbridge.com/en/quote/RKLB.US.md) - [DXYZ.US](https://longbridge.com/en/quote/DXYZ.US.md) - [ASTS.US](https://longbridge.com/en/quote/ASTS.US.md) - [XAR.US](https://longbridge.com/en/quote/XAR.US.md) - [ITA.US](https://longbridge.com/en/quote/ITA.US.md) - [PPA.US](https://longbridge.com/en/quote/PPA.US.md) - [TSLA.US](https://longbridge.com/en/quote/TSLA.US.md) - [HONIV.US](https://longbridge.com/en/quote/HONIV.US.md) ## Related News & Research - [HONEYWELL UNVEILS NEW BRANDS EFFECTIVE POST SPIN-OFF: HONEYWELL TECHNOLOGIES AND HONEYWELL AEROSPACE | HON Stock News](https://longbridge.com/en/news/288211111.md) - [Honeywell Unveils Brands For Historic June Split](https://longbridge.com/en/news/288269231.md) - [The 180-Day Lease Holding Up SpaceX's $2 Trillion IPO](https://longbridge.com/en/news/288095214.md) - [SpaceX says it will reserve 5% of its IPO shares for staff, friends and family](https://longbridge.com/en/news/288297530.md) - [3 More Things I Learned from the SpaceX IPO Prospectus](https://longbridge.com/en/news/288266593.md)