Late final month, information of SpaceX submitting to go public precipitated numerous house shares to leap.
Elon Musk’s rocket company is maybe the one most hotly anticipated preliminary public providing (IPO) on this planet proper now, and it could possibly be valued at as a lot as $1.75 trillion.
You and I can not purchase shares in it but, at the least circuitously.
Nevertheless, it has been driving up different space stocks ever since information of its IPO surfaced final month. And one of the crucial fascinating corporations within the house business is Intuitive Machines (LUNR 7.57%), which is up 32.4% over the previous month.
So, is Intuitive Machines value a search for your portfolio? Briefly, sure, however for a small, speculative place.
Let’s get into it.
Picture supply: Getty Photos.
Moonage daydreams
Intuitive Machines calls itself an area infrastructure firm. Its fundamental focuses are satellites and lunar landers. Because it was based in 2013, Intuitive Machines has launched over 300 spacecraft. It has 100 satellites in orbit right now, and it has 177 hours of lunar floor operations to its title.
And the corporate was awarded a $180.4 million contract to ship NASA payloads to the moon through its Industrial Lunar Payload Providers (CLPS) initiative in service to the Artemis program.
The top aim of the Artemis program is to construct a everlasting base on the moon. That is going to require numerous supplies to be despatched up there with the astronauts. And Intuitive Machine’s giant cargo class lunar lander, the Nova-D, seems to be NASA’s selection early on within the Artemis program.
Intuitive Machines can also be within the working for the following lunar rover, which it has dubbed the RACER or Reusable Autonomous Crewed Exploration Rover.
That each one sounds nice, however what is the catch if that is solely match for a small speculative guess?

As we speak’s Change
(-7.57%) $-2.08
Present Worth
$25.48
Key Information Factors
Market Cap
$4.1B
Day’s Vary
$25.02 – $28.64
52wk Vary
$7.78 – $31.15
Quantity
444K
Avg Vol
13M
Gross Margin
2.57%
Area oddity
Nicely, as a younger firm, Intuitive Machines remains to be depending on funding and grants from organizations like NASA to a excessive diploma. It generated $207.13 million in 2025, which was down 9.15% from 2024. Nevertheless, 2024’s income was $228 million, virtually triple the $79.5 million in 2023.
It is also not worthwhile. Its web margin for 2025 is -51.58%, however that is a big enchancment from the -152.16% web margin it had in 2024.
Alternatively, the corporate has loads of money to fund its progress. It has $582.6 million in money and money equivalents (greater than double the $207.6 million it had on the finish of 2024) to complete liabilities of $553.4 million. Intuitive Machine’s web losses additionally shrank from $346.9 million in 2024 to $106.8 million in 2025.
So, we’ve an organization with experience in sending cargo to house, but it surely has some shaky financials. Nonetheless, its monetary place is far stronger than many different house corporations, and it has important contracts with NASA. That makes it value a search for a speculative house play by my math.