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Lunar company Intuitive Machines' stock surges 50% to trade above SPAC debut price - TL;DR CNBC

Lunar company Intuitive Machines' stock surges 50% to trade above SPAC debut price

Publishing timestamp: 2024-02-20 10:50:09


Summary

Intuitive Machines' stock surged after completing its SPAC merger, with its first moon mission on track to land on the moon. The company's stock price has more than doubled since the mission launched, and it is carrying government and commercial payloads, including six for NASA.


Sentiment: POSITIVE

Tickers: LUNR

Keywords: businessthe edgespace industrysciencetechnologytransportationa spac i acquisition corpspace explorationaerospace and defense industryintuitive machines incbusiness newsbreaking news: technologybreaking news: business

Source: https://www.cnbc.com/2024/02/20/intuitive-machines-lunr-stock-surges-as-lander-approaches-the-moon.html


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