Intuitive Machines stock plummets after second sideways moon landing – One America News Network

By Akash Sriram

March 7, 2025 – 7:33 AM PST

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The Nova-C lunar lander designed by aerospace company Intuitive Machines is displayed at the company’s headquarters in Houston, Texas, U.S., October 3, 2023. REUTERS/Evan Garcia/File Photo

(Reuters) – Intuitive Machines’ (LUNR.O) shares tumbled 23% on Friday after the company confirmed its second moon lander, Athena, landed on its side a day earlier, mirroring the company’s first lunar landing attempt last year.

The six-legged Athena lander touched down at a site about 100 miles (160 km) from the moon’s south pole, but Intuitive Machines said on Friday the mission ended due to the spacecraft being on its side after completing several mission milestones.

“With the direction of the sun, the orientation of the solar panels, and extreme cold temperatures in the crater, Intuitive Machines…

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