FeesSafety
Pluang+

Intuitive Machines jumps 8% on third NASA Earth science contract in six months

Market News
03 Nov 2026, 18:50 WIB
24/7 Wall Street
View Source
Bullish
Intuitive Machines jumps 8% on third NASA Earth science contract in six months

Intuitive Machines' stock rose 8% after NASA awarded it a third Earth science contract within six months for the FALCON-RADAR mission, set to launch no earlier than 2029. This contract adds to the company's record $1.8 billion backlog and supports its 2026 revenue guidance of $900 million to $1 billion. Despite strong bookings and acquisitions, concerns remain over its balance sheet and cash flow ahead of its Q3 earnings report on November 12. Investors will watch if the backlog translates into revenue and improved cash flow to sustain the stock's momentum.

Intuitive Machines (LUNR) shares rose 6.90% to USD 10.54 on Pluang as of Nov 04, 2026 00:01 WIB, reflecting strong investor interest despite ongoing balance sheet concerns. Rocket Lab (RKLB) gained 3.51%, trading at USD 53.90, with a balanced buy-sell order activity. SpaceX (SPCX) also climbed 3.69%, reaching USD 141.41, supported by a high buy order ratio on Pluang.

More News (LUNR)

banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App