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Intuitive Machines' stock plummets after Moon lander tips over

• deleted 3y ago
  [deleted]
• whycome 3y ago
  This is probably why companies don't provide more data/livestreams.
  • beanjuiceII 3y ago
    they should though. soon as immediate confirmation didn't happen i knew something was up and sold.. they _should_ have been more forthcoming with people, why the wait? so politicians/business partners can unload first?
• Ancalagon 3y ago
  Why is this company public? What commercial value is a moon lander payload hoping to provide to a public share owner? I'm not saying the company shouldn't exist or diminish their outstanding achievement, I just don't get the business reason here. If they needed funding I'd assumed the US gov't or VC would be better investors.
  • karmakurtisaani 3y ago
    Maybe they aim to eventually sell their equipment and know-how to NASA and others interested in space exploration. It could be a big business if there ever is something like a moon base, but it's definitely a risky bet.
  • philipwhiuk 3y ago
    The assumption is that other companies and governments apart from NASA will want to buy their services. The reason they aren't VC is frankly because they needed more money than was available in VC markets. They went public via a SPAC.
• hulitu 3y ago
  > after Moon lander tips over That's why i always say to my wife: Check the weather forecast when you are leaving the house. /s