--- title: "SpaceX IPO Valuation Is Worth More Than Boeing, RTX, GE Aerospace And Every Other S&P 500 Aerospace Firm Combined: Report" type: "News" locale: "en" url: "https://longbridge.com/en/news/289305365.md" description: "SpaceX's upcoming IPO, valued at over $1.7 trillion, surpasses the combined valuation of all 12 S&P 500 aerospace firms. While analysts like Gene Munster and Ron Baron express bullish sentiment with long-term growth predictions, concerns remain regarding its high valuation and dual-class share structure. Goldman Sachs projects revenue exceeding $474 billion by 2030, contrasting with SpaceX's current $18.7 billion revenue against competitors' $500 billion." datetime: "2026-06-10T08:59:52.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/289305365.md) - [en](https://longbridge.com/en/news/289305365.md) - [zh-HK](https://longbridge.com/zh-HK/news/289305365.md) --- # SpaceX IPO Valuation Is Worth More Than Boeing, RTX, GE Aerospace And Every Other S&P 500 Aerospace Firm Combined: Report The upcoming **SpaceX** IPO is touted to be the biggest public offering since **Aramco** in 2019. However, the more than $1.7 trillion valuation puts it further ahead than some of the biggest companies on the S&P 500 index, operated by the **S&P Dow Jones Indices**. ## SpaceX IPO Is Bigger Than S&P 500 Aerospace Companies Barron’s, in a report on Tuesday, said that the SpaceX IPO was worth more than all of the 12 aerospace and defense companies listed on the S&P 500 index, including **RTX Corp** (NYSE:RTX), **Boeing Co.** (NYSE:BA), **Northrop Grumman Corp** (NYSE:NOC), **GE Aerospace** (NYSE:GE) and more. **Read Also: SpaceX Could Demo Space-Based AI Computing In 2027, Earlier Than IPO Filing Suggested** The report said that the combined valuation of the 12 companies came in at approximately $1.5 trillion, which is less than the $1.77 trillion valuation touted by SpaceX in its S-1 filings with the Securities and Exchange Commission (SEC). However, the companies generated approximately $500 billion in revenue, which was well over SpaceX’s reported revenue of $18.7 billion before the IPO. ## Gene Munster, Ron Baron Bullish On SpaceX IPO Industry analysts and experts have expressed bullish sentiments about the IPO, with **Deepwater Asset Management**‘s **Gene Munster** calling the IPO an exciting event for the tech industry. He also said that SpaceX could emerge as a rival for **Alphabet Inc.** (NASDAQ:GOOGL) (NASDAQ:GOOG), but outlined that SpaceX had an edge because Google did not make rockets. Investor **Ron Baron** also expressed bullish sentiment for the IPO, predicting that the **Elon Musk**\-led company could go on to become worth $30 trillion in the future, prompting Musk to call him “smart.” **Goldman Sachs Group Inc.** (NYSE:GS), which is the lead underwriter for the SpaceX IPO, reportedly shared with prospective investors that the company's total revenue could reach over $474 billion by 2030. ## SpaceX IPO Casts Doubt However, not everyone is bullish on SpaceX, with NYU Stern Professor **Aswath Damodaran**, widely known as the Dean of Valuation, saying that he would avoid participating in the IPO, citing concerns with SpaceX’s valuation, its $28.5 trillion market opportunity and other reasons. Top Pension officials from New York and California have also criticized SpaceX’s IPO, accusing Musk of creating a management-favorable structure. SpaceX will incorporate a dual-class share structure, with Musk's Class B shares each worth 10 regular shares, holding significant voting power. **Read Also: Ross Gerber Says 'The Future Is Electric,' Urges End To Oil-Based Economy As Iran War Drives Up Gas Prices** _Check out more of Benzinga’s Future Of Mobility coverage by_ following this link. _Photo courtesy: Shutterstock_ ### Related Stocks - [SPCX.US](https://longbridge.com/en/quote/SPCX.US.md) - [GE.US](https://longbridge.com/en/quote/GE.US.md) - [BA.US](https://longbridge.com/en/quote/BA.US.md) - [RTX.US](https://longbridge.com/en/quote/RTX.US.md) - [RTXG.US](https://longbridge.com/en/quote/RTXG.US.md) - [159241.CN](https://longbridge.com/en/quote/159241.CN.md) - [XAR.US](https://longbridge.com/en/quote/XAR.US.md) - [512810.CN](https://longbridge.com/en/quote/512810.CN.md) - [159227.CN](https://longbridge.com/en/quote/159227.CN.md) - [BOEG.US](https://longbridge.com/en/quote/BOEG.US.md) - [512660.CN](https://longbridge.com/en/quote/512660.CN.md) - [563380.CN](https://longbridge.com/en/quote/563380.CN.md) - [ARKX.US](https://longbridge.com/en/quote/ARKX.US.md) - [ITA.US](https://longbridge.com/en/quote/ITA.US.md) - [BOEU.US](https://longbridge.com/en/quote/BOEU.US.md) - [PPA.US](https://longbridge.com/en/quote/PPA.US.md) - [160643.CN](https://longbridge.com/en/quote/160643.CN.md) - [512710.CN](https://longbridge.com/en/quote/512710.CN.md) - [BOED.US](https://longbridge.com/en/quote/BOED.US.md) - [.SPX.US](https://longbridge.com/en/quote/.SPX.US.md) - [NOC.US](https://longbridge.com/en/quote/NOC.US.md) - [GOOGL.US](https://longbridge.com/en/quote/GOOGL.US.md) - [GOOG.US](https://longbridge.com/en/quote/GOOG.US.md) - [GS.US](https://longbridge.com/en/quote/GS.US.md) - [BOE.UK](https://longbridge.com/en/quote/BOE.UK.md) - [W4VR.SG](https://longbridge.com/en/quote/W4VR.SG.md) ## Related News & Research - [Elon Musk Says SpaceX Could Put One Million Tons Of Payload In Orbit Within The Next Five Years](https://longbridge.com/en/news/289279226.md) - [Iran Puts Elon Musk's SpaceX In Its Crosshairs, Analyst Calls It A 'Smart Move'](https://longbridge.com/en/news/289565884.md) - [$100 Invested In GE Aerospace 5 Years Ago Would Be Worth This Much Today](https://longbridge.com/en/news/289241782.md) - [SpaceX IPO is said to be over two times oversubscribed already](https://longbridge.com/en/news/288937244.md) - [SpaceX opens at $150 per share.](https://longbridge.com/en/news/289619238.md)