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Stock impact report

Intuitive Machines Is (Almost) a Billion-Dollar Space Business [Yahoo! Finance]

Intuitive Machines, Inc. - Class A (LUNR) 
Company Research Source: Yahoo! Finance
Buying Lanteris will nearly quadruple Intuitive's annual revenue stream. 10 stocks we like better than Intuitive Machines › Well that was fast! Barely one month ago I described the latest developments at Maxar Technologies , the space technology company taken private by private equity firm Advent back in 2022 -- how Advent had split Maxar into two halves, renamed each of them, and appeared to be preparing them both for initial public offerings (IPOs) Turns out I was at least half wrong about the IPO plans, but in a good way. Last week we learned that, instead of spinning off the subsidiary it had renamed Lanteris, Advent has decided to sell that company outright. And the company that's buying Lanteris is none other than the space pioneer that has now successfully landed two American spacecraft on the moon (including the first American spacecraft to land there since the Apollo program ended. Its name: Intuitive Machines (NASDAQ: LUNR) Image source: NASA. Intuitive Mach Show less Read more
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