Why Intuitive Machines Stock Is Soaring Today

Shares of Intuitive Machines (NASDAQ: LUNR) are soaring on Tuesday. The company's stock gained 5.3% as of 12:20 p.m. ET and was up as much as 14.7% earlier in the day. The jump comes as the S&P 500 and Nasdaq Composite were up 2% and 1.6%, respectively.The space exploration company announced a deal was reached with SpaceX to launch its fourth lunar mission.Intuitive Machines revealed today that it selected SpaceX's Falcon 9 rocket to launch its fourth lunar delivery mission (IM-4). The rocket will launch from Florida and carry data relay satellites critical to NASA's Near Space Network Services (NSNS) contract.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool