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Intuitive Machines—first private firm to land on moon, soars 66% on winning NASA deal; stock up 3x YTD | Stock Market News
Source: Live Mint
Intuitive Machines Inc. shares are surging after the space exploration firm said it won another NASA contract. This one could be worth as much as $4.8 billion.
The stock of the the first private company to land a spacecraft intact on the moon soared as much as 66% Wednesday, the biggest intraday jump in 18 months. The price of Intuitive Machines’ shares have more than tripled since the start of the year after the Houston-based firm was awarded a series of NASA accords.
