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Intuitive Machines Inc (LUNR) reports a historic quarter with record revenue and a robust backlog, despite challenges from acquisition costs and competitive pressures.
Intuitive Machines (NASDAQ:LUNR) reported what executives described as the strongest quarter in the company’s history, citing record revenue, record backlog and positive adjusted EBITDA as the space infrastructure company integrates recent acquisitions and pursues new civil, commercial and national
Thursday, Intuitive Machines reported first quarter Ebitda of $2.7 million from sales of $186.7 million. Wall Street was looking for a $7.9 million Ebitda loss from sales of $200 million.
Intuitive Machines is set to report Q1 earnings before the market opens on May 14. Ahead of the quarterly print, Barchart’s options data suggests LUNR shares are poised for further gains in 2026.
U.S. startup Lunar Outpost closed a $30 million funding round this week that will speed development of a new moon rover, its CEO said, as investor interest in lunar ventures grows. The company's Series B funding, launched a month ago, was led by Industrious Ventures. Type One Ventures, Eniac Ventures and Promus Ventures also participated.
SpaceX confidentially filed for its IPO on April 1, and quickly raised its target valuation above $2 trillion. That would dwarf Saudi Aramco’s record $29.4 billion raise in 2019 and could bring in as much as $75 billion. Morgan Stanley just released a list of 60 public companies across the full space supply chain — ... SpaceX’s $2 Trillion IPO Is Coming: These 6 Stocks Will Ride the New Space Economy Into Orbit