Well they’ve done just about every other movie, so why not?
I recently saw the episode of “The Simpsons” where Try McClure is in the “Planet of the Apes” musical, and started thinking of musical adaptations I would like (and not like) to see.
For: Jurassic Park
I want to see a T-Rex on stage. 
Against: Schindler’s List
That would just be plain wrong.
Of course, someone has probably done both of those already.