On this exhilarating Wednesday, I’m thrilled to share that my Intuitive Machines (LUNR) stocks are soaring! As of 2:55 p.m. ET, they’ve jumped an impressive 12.8%! This surge aligns with the broader market trends, as both the S&P 500 and Nasdaq Composite are also on a positive trajectory, climbing 0.6% and 0.5%, respectively. It’s an exciting day for tech investments!
The shares of the space exploration firm have surged following an endorsement by a Wall Street expert, who recommended buying the stock, mere weeks after a significant declaration about a collaboration with a British startup specializing in manufacturing semiconductors beyond Earth’s atmosphere.
LUNR gets a new buy rating
A financial expert at Craig-Hallum investment bank began recommending purchases of Intuitive Machines’ shares, giving it a positive evaluation and predicting a price increase to $17.00. This estimate represents a substantial rise compared to the current market value. The analyst believes that the intensifying space competition between the United States and China serves as the primary factor driving future expansion for the company. China aims to bring humans back to the Moon by 2030, while the U.S. is also pursuing this goal.
Intuitive Machines plans to power in-outer-space semiconductor production
Our company plans to collaborate with Space Forge, a UK-based organization, to incorporate their microgravity semiconductor production system into our Zephyr spacecraft. This partnership will enable us to manufacture sophisticated semiconductor parts that can only be produced in low or no-gravity conditions, thereby boosting U.S. technology advancement at an accelerated pace.
Regarding the recent collaboration, Tim Crain, our Chief Technology Officer, expressed that the true worth of space exploration lies in the advancements we can transfer to Earth. He further stated that to maximize this value, it’s crucial to have a consistent and dependable method for returning from Earth. Tim Crain emphasized that Intuitive Machines is directly tackling this issue by developing our Earth Reentry Program, with the State of Texas supporting our efforts in this program.
It’s my belief that Intuitive Machines is a dynamic company brimming with energy and forward movement. While its stocks may come at a premium, they present an enticing opportunity for investors who are willing to tolerate higher risks and look towards the long term.
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2025-07-23 23:20