Where Will Intuitive Machines Stock Be in 1 Year?
This little lunar exploration company still has a bright future.
Intuitive Machines' (NASDAQ: LUNR) stock has more than doubled over the past 12 months. The producer of lunar landing and exploration vehicles impressed investors after it achieved its first lunar landing, secured new NASA contracts, and expanded its ride-sharing service to send more third-party payloads to the moon. But could it soar even higher over the next 12 months?
Intuitive Machines went public by merging with a special purpose acquisition company (SPAC) two years ago, and the combined company's stock started trading at $10 on its first day and skyrocketed to its all-time high of $81.99 a week later.
Image source: Intuitive Machines.
