Should You Buy Intuitive Machines Stock While It's Below $20?

This speculative lunar exploration stock might have a bright future.Intuitive Machines (LUNR -8.74%), a producer of lunar landing and exploration vehicles, went public on Feb. 14, 2023, by merging with a special purpose acquisition company (SPAC). The combined company's stock started trading at $10, soared to a record high of $81.99 a week later, but withered to about $2 by the start of 2024.Like many other SPAC-backed space stocks, Intuitive Machines overpromised and underdelivered. It broadly missed its i ...