Company Performance - Intuitive Machines Inc. (NASDAQ:LUNR) saw a share price increase of 10.67% on Friday, closing at $21.58, driven by positive investor sentiment following a bullish outlook for the space industry from Morgan Stanley [1][2] - The acquisition of Lanteris Space Systems for $800 million, consisting of $450 million in cash and $350 million in Intuitive Machines Class A common stock, strengthens Intuitive Machines' position as a vertically integrated space player [3][4] Industry Outlook - Morgan Stanley predicts that 2025 will be a "banner year" for the space sector, with expectations of continued growth into 2026, fueled by higher launch cadences, new product introductions, and US government support [1][2] - The optimism in the space industry has led to increased buying positions in key players, including Intuitive Machines, Firefly Aerospace, Rocket Lab, and MDA [2]
Intuitive Machines (LUNR) Rockets 10.7% as Analyst Sees Strong Year for Space Stocks