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Why Intuitive Machines Is Skyrocketing Today
LUNRIntuitive Machines(LUNR) The Motley Fool·2025-01-24 20:47

Core Points - Intuitive Machines' shares surged by up to 12.5% following the announcement of a new NASA contract, contrasting with declines in the S&P 500 and Nasdaq Composite [1] - The company was awarded approximately $2.5 million under NASA's Next Space Technologies for Exploration Partnership (NextSTEP) program to advance lunar logistics and develop its heavy-cargo-class lunar lander [2] - President Trump's inaugural speech emphasized the goal of sending Americans to Mars, highlighting the need for companies like Intuitive Machines to develop necessary technologies, although the current contract focuses on lunar exploration [3]