Intuitive Machines stock skyrockets, has tripled in 3 days after SPAC merger completed

Shares of Intuitive Machines Inc.

appropriately skyrocketed 146.0% in afternoon trading, making them the best performer among those listed on major U.S. exchanges, and have tripled in the three days since the space exploration company went public. The company’s merger with special purpose acquisition company Inflection Point Acquisition Corp. was completed on Feb 13. Starting Feb. 14, the company, with the new name “Intuitive Machines Inc.” started trading on the Nasdaq.

appropriately skyrocketed 146.0% in afternoon trading, making them the best performer among those listed on major U.S. exchanges, and have tripled in the three days since the space exploration company went public. The company’s merger with special purpose acquisition company Inflection Point Acquisition Corp. was completed on Feb 13. Starting Feb. 14, the company, with the new name “Intuitive Machines Inc.” started trading on the Nasdaq.

have climbed 14.7% over the past three months, the ARK Space Exploration & Innovation exchange-traded fund ARKX has advanced 7.6% and the S&P 500 SPX has gained 4.3%.

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