After surging in share price on news of a successful launch and trip toward the moon earlier this week, shares of tiny space stock Intuitive Machines (NASDAQ: LUNR) sold off in subsequent days. Investors held their breath and waited for word on whether the company’s Nova-C lander would land successfully…or crash.
And now, the news is out. Nova-C has landed on the moon — and Intuitive Machines stock is rocketing, up an astounding 25.8% as of noon ET.
Once more, with feeling
Intuitive Machines’ first Nova-C lander, dubbed “Odysseus,” blasted off atop a SpaceX Falcon 9 rocket just after midnight on Thursday last week. Almost precisely one week after its launch — this Thursday evening — Intuitive Machines was able to proudly announce:
In an update this morning, Intuitive Machines was further able to confirm that Odysseus landed safe, sound, and upright (in contrast to some failed…
