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Why Intuitive Machines Stock Popped Today

Intuitive Machines has a new customer -- but NASA is probably still its favorite.

Why Intuitive Machines Stock Popped Today

Published August 17, 2026 · Category: Finance

Overview

Space explorer Intuitive Machines (NASDAQ: LUNR) stock jumped 6.3% through 3:30 p.m. ET Monday after announcing that an "undisclosed customer" has hired it to build "a multi-satellite communications infrastructure" in space.

The total value of the contract: $600 million.

Image created by JesterAI.

Details

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Source

Originally published at www.fool.com.

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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.