00:00It's Benzinga, bringing Wall Street to Main Street.
00:03The aerospace and defense industry could face a major shakeup in 2026,
00:08as SpaceX prepares for a public offering that may reshape the sector's competitive landscape,
00:13according to Benzinga. The six largest U.S. defense contractors have a combined market
00:19value of $709 billion, reflecting their long-standing dominance of the aerospace and
00:25defense industry. Recent reports estimate a potential SpaceX IPO valuation of up to $1.5
00:31trillion, a level comparable to Tesla's roughly $1.53 trillion market cap, and more than double
00:39the combined value of the six largest U.S. defense contractors. Legacy defense contractors depend on
00:46government contracts and have faced production delays and cost overruns, while SpaceX investors
00:52are betting on near-monopoly control of low-Earth orbit. SpaceX's $800 billion valuation reflects
00:59confidence in Starlink's recurring revenue, Starship's heavy lift capabilities, and the
01:04value of reusable launch technology. For all things money, visit Benzinga.com.
Comments