The New York Times > Technology > Rich to Get Richer if Google Goes Public
The current prediction is that Google, if it decides to sell shares to investors this year, would probably end up with a market value of $20 billion to $25 billion by the end of its first day as a publicly traded company.
A $25 billion market value would instantly make Google worth more than Lockheed Martin, the big military contractor; Federal Express, the package delivery service; or Nike, the sports clothing maker.