Intuitive Machines Faces Setback as Stock Drops 34% After Second Moon Landing Mishap

Intuitive Machines Struggles with Lunar Landings

Intuitive Machines witnessed a dramatic decline in its stock, plunging 34% in premarket trading on Friday. This steep drop followed the company’s second moon lander, Athena, apparently landing on its side, echoing the troubles of its first lunar mission last year.

The company had high hopes for its lunar explorations, but the recurrence of landing issues raises concerns among investors. Such setbacks could impact future funding and mission credibility for Intuitive Machines.

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