Why Intuitive Machines Stock Is Soaring Today
Shares of Intuitive Machines (NASDAQ: LUNR) are soaring on Tuesday. The company's stock gained 5.3% as of 12:20 p.m. ET and was up as much as 14.7% earlier in the day. The jump comes as the S 500 and Nasdaq Composite were up 2% and 1.6%, respectively.
The space exploration company announced a deal was reached with SpaceX to launch its fourth lunar mission.
Intuitive Machines revealed today that it selected SpaceX's Falcon 9 rocket to launch its fourth lunar delivery mission (IM-4). The rocket will launch from Florida and carry data relay satellites critical to NASA's Near Space Network Services (NSNS) contract.
Source Fool.com
