Feb 26, 2024
Hot Stocks 🔥

Intuitive Machines Stock Value High, As Their Spacecraft Lands Safely On The Moon

Name of opportunity: 👀

Intuitive Machines

First US landing in over 50 years: 🌜

The last time the US landed a spacecraft on the moon was in 1972, so this is big news for the country’s space programme. Because of this mission, LUNR has been rising in value, currently standing at $12.06 after a gigantic +200% rise over the last month. 

How hot is this investment opportunity? 🔥🔥🔥🔥

LUNR is currently recommended by analysts as a ‘Strong Buy’. The company is considered to have above average financial health, with a quarterly cash flow per share of US$1.94. 

With the recent success of the moon landing, Intuitive Machines may have secured its position as one of the United States’ key players in the space exploration market. Some predict this market will only become larger and more profitable in the years to come. 

Contracted by NASA: 🌌

Intuitive Machines currently holds three contracts with NASA to deliver payloads to the moon surface. It has a better reputation than some other aerospace companies, such as Virgin Galactic which is apparently experiencing financial difficulties. The company is well-respected for its use of new and creative technology - the Odysseus spacecraft uses a new type of engine, powered by liquid methane and liquid oxygen. Some say this ‘methalox’ fuel system could be the key to deep space travel in the future. 

Which neme?: 🔍

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Han Tan

Han Tan is a seasoned financial journalist and news presenter renowned for his expertise in global markets. With a career highlighted by interviews with prominent figures and recognition from major media outlets like CNN and Reuters, he delivers insightful analysis on market news and macroeconomic trends to clients and international audiences. Han's sharp commentary on currencies, stocks, and commodities is familiar to viewers of Bloomberg TV Malaysia, BFM 89.9, and NTV7, cementing his sterling reputation in the industry.