Intuitive Machines Shares Rise 17% After Delivery of Lunar Lander to SpaceX

By Chris Wack


Intuitive Machines shares were up 17% to $3.44 after the company made a successful delivery of its IM-1 mission Nova-C lunar lander to SpaceX at Cape Canaveral, Fla.

The stock hit its 52-week low of $2.55 on Nov. 13, and is down 65% in the past 12 months.

In coordination with SpaceX, the liftoff of the IM-1 lunar mission is targeted for a multiday launch window that opens no earlier than Jan. 12, 2024.

In case of unfavorable launch conditions, such as poor weather, backup opportunities will be determined based on the lunar blackout window and other factors.

The company’s IM-1 mission will be operated from Intuitive Machines’ Nova Control Center in Houston. Flight controllers there will monitor spacecraft health, send commands, and receive data during the lander’s 6 1/2-day journey to the lunar surface using its Lunar Data Network.

After landing, Intuitive Machines and its customers expect Nova-C to operate in the lunar south pole region for nearly two weeks.

Intuitive Machines completed the IM-1 lunar lander in September.


Write to Chris Wack at [email protected]


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