Why Intuitive Machines Stock Is Soaring Today
From Yahoo Finance: 2025-04-08 12:33:00
Shares of Intuitive Machines (NASDAQ: LUNR) surged 5.3% on Tuesday, reaching a high of 14.7%. The company announced a deal with SpaceX to launch its fourth lunar mission. Intuitive Machines will use SpaceX’s Falcon 9 rocket to deliver data relay satellites for NASA’s lunar network. CEO Steve Altemus emphasized the strategic importance of this mission for commercializing the Moon. Despite a recent mission mishap, the company’s future prospects are promising.
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