Intuitive Machines stock jumps 16% after company says moon mission is in 'excellent health'
Publishing timestamp: 2024-02-16 11:15:34
Summary
Shares of Intuitive Machines have jumped after the company issued an update stating that its moon lander mission is in excellent health. The company launched its inaugural cargo mission on a SpaceX rocket and aims to land on the moon on February 22. The CEO of a space-focused ETF emphasized that volatility is expected for space companies and expressed hope for Intuitive Machines' success. The mission is expected to encourage more focus and spending on the moon.
Sentiment: POSITIVE
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Source: https://www.cnbc.com/2024/02/16/intuitive-machines-lunr-stock-jumps-after-moon-mission-update.html