Why Intuitive Machines Stock Popped on Wednesday

Intuitive Machines (NASDAQ: LUNR) stock soared 9.9% through 12:52 p.m. ET on Wednesday -- and it isn't even 7:17 p.m. yet.Why such ultra-specific numbers? Because according to Kennedy Space Center, 7:17 p.m. is the time set for SpaceX to launch its next rocket. And on that rocket will be a Nova-C lunar lander built by Intuitive Machines, which the company plans to land on the moon. But investors today are rewarding Intuitive Machines before it's even gotten its lander off of Earth -- much less landed safely on the moon!Continue reading

Feb 26, 2025 - 19:57
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Why Intuitive Machines Stock Popped on Wednesday

Intuitive Machines (NASDAQ: LUNR) stock soared 9.9% through 12:52 p.m. ET on Wednesday -- and it isn't even 7:17 p.m. yet.

Why such ultra-specific numbers? Because according to Kennedy Space Center, 7:17 p.m. is the time set for SpaceX to launch its next rocket. And on that rocket will be a Nova-C lunar lander built by Intuitive Machines, which the company plans to land on the moon.

But investors today are rewarding Intuitive Machines before it's even gotten its lander off of Earth -- much less landed safely on the moon!

Continue reading