Intuitive Machines Inc. (NASDAQ:LUNR) experienced a 10.49 percent drop on Wednesday, closing at $11.35 per share amid escalating US-China tensions. President Trump’s announcement of export curbs on China impacted market sentiment, leading to broader losses. Beijing retaliated with restrictions on rare earth exports, further dampening market optimism. LUNR also achieved a CMMI Maturity Level 3, meeting NASA standards for human spaceflight.

Read more at Yahoo Finance: Intuitive Machines (LUNR) Gets Battered by Market Pessimism