Loading…
Loading…
HOUSTON, Oct. 22, 2026 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR) ("Intuitive Machines," and together with its subsidiaries, the "Company"), a leading space technology, infrastructure, and services company, today announced the appointment of Dr. Christopher Scolese to its Board of Directors, effective October 22, 2026, and the resignation of Mr. Michael Blitzer, effective October 21, 2026.
Rocket Lab's stock still looks expensive after its recent pullback. Intuitive Machines could be a better buy at these levels.
SpaceX (NASDAQ:SPCX | SPCX Price Prediction) is giving a lift to the space sector after its third-quarter 2026 revenue and earnings beat analyst estimates following the prior session's close. Intuitive Machines (NASDAQ:LUNR) stock is up 5% to $11.
Intuitive Machines' bull thesis hinges on executing upcoming lunar missions and converting a $1.8B backlog into sustainable revenue. Key earnings focus: revenue conversion, margin improvement, and updates on NASA CLPS and future lunar missions, especially IM-3 and IM-4. The long-term opportunity centers on LUNR's lunar communications network, aiming for recurring, usage-based revenue as lunar activity expands.
One company is burning cash faster but growing revenue at triple-digit rates; the other is profitable on a path but shrinking.
SpaceX (NASDAQ:SPCX | SPCX Price Prediction) stock trades at $156.69, down 4% early in the session, following the company's agreement to testify in a New York City artificial intelligence (AI) safety probe.
AST SpaceMobile is building the first space-based cellular broadband network designed to connect directly to standard smartphones. Intuitive Machines provides critical lunar infrastructure and delivery services for NASA and the Department of Defense.
Space stocks are selling off hard as a group while the broader market barely budges, and the gap between the two raises a pointed question about what is spooking investors in launch providers, spacecraft builders, and space infrastructure firms all