Shares of space exploration company Intuitive Machines Inc. rose 7% in premarket trades after the successful launch of its Nova-C lunar lander atop a SpaceX Falcon 9 rocket early Thursday.
The stock is on pace to snap a two-day losing streak as Intuitive Machines’ LUNR IM-1 mission aims to make history by placing the first commercial U.S. lander on the moon. The Nova-C lander would also be the first U.S. spacecraft to land on the moon since Apollo 17’s “Challenger” lunar module in December 1972.
The…
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