To the moon: Intuitive Machines (LUNR) is still flying high

Space exploration company Intuitive Machines made history this month – as well as also enjoying a substantial increase in their stock price.

Intuitive Machines stock

The share price of Intuitive Machines (LUNR) is up 15.93% today to a price of $7.13 per share.

This also represents a 202% uptick in price this year so far to date.

LUNR

Intuitive Machines made history on February 22^nd as the first commercial aerospace vehicle to ever land on the moon. The vehicle itself was the appropriately named Odysseus, nicknamed ‘Odie’ by the Intuitive Machines team.

Despite Odie tipping over upon landing on the surface of the moon, as well as failing to recharge and call home on March 20^th, the mission was declared a success by both Intuitive Machines and NASA, who bankrolled the mission.  

This represented the first time an American space craft has landed on the moon in over 50 years, since the early 1970s.

Future missions

The future looks bright for Intuitive Machines, with two more moon expeditions planned in partnership with NASA’s Commercial Lunar Payload Services program.

The second mission will allegedly happen in 2024, with the third happening sometime after.