NASA has awarded nearly $600 million to Astrobotic, Firefly Aerospace, and Intuitive Machines for new uncrewed lunar landers in 2028 under the CLPS program to support the Artemis Moon Base.
Blue Origin’s New Glenn rocket burst into flames during a test, delaying Amazon’s satellite plans and AST SpaceMobile’s launch schedule. Space stocks drop sharply.
Intuitive Machines fell 9% after NASA rover awards, but analysts stay bullish with a $44 target and see a buying chance.
NASA picks Moon mission winners; some stocks rise, others fall, as plans advance to build a Moon base and send humans by 2028.
Cantor raises Intuitive Machines target on strong growth, lunar contracts, Space Force deal, and rising space sector momentum.
Intuitive Machines nearly tripled Q1 revenue to a record $186.7M but missed Wall Street estimates. It posted its first positive Adjusted EBITDA and a huge $1.1B backlog.
