From CNBC:

Intuitive Machines’ stock rose for the third consecutive trading session, surpassing its post-SPAC debut price. The stock surged as much as 65% to an intraday high of $12.05, closing the day up 50% at $10.99 per share. Since the inaugural moon mission launched, the share price has more than doubled, with the mission, known as IM-1, completing several key milestones.

The IM-1 mission, launched on a SpaceX rocket, has completed several milestones, including successful engine firing and trajectory adjustment. The lander, named “Odysseus,” is currently in excellent health and preparing to enter the moon’s orbit on Wednesday. The moon landing attempt is scheduled for Thursday at 5:49 p.m. ET.

The IM-1 lander is carrying 12 government and commercial payloads, six of which are for NASA under a $118 million contract. Intuitive Machines’ mission is the second under NASA’s Commercial Lunar Payload Services initiative, aiming to deliver science projects and cargo to the moon to support the Artemis crew program.

More than 50 attempts to land on the moon have been made since the 1960s, with mixed success. U.S. company Astrobotic had its first moon mission cut short last month, failing to make a lunar landing attempt.



Read more: Intuitive Machines (LUNR) stock surges as lander approaches the moon