Intuitive Machines Shares Tumble As Moon Lander Athena's Fate Unclear
Intuitive Machines Shares Tumble As Moon Lander Athena's Fate Unclear
Shares of Houston-based Intuitive Machines plunged 22%, the most in a year, as uncertainty remained over the confirmation of the company's second moon landing.
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Intuitive Machines' Kam Ghaffarian said: "We have landed, we have indication they have power, and we're trying to figure out the rest of it."
Latest headlines (courtesy of Bloomberg):
LUNR said while the Athena lander appears to be on the moon's surface, its status remained unclear as of about 12:55 p.m. New York time
The livestream that had been showing the control room for the landing ended
The Athena spacecraft was on landing approach around 1230 ET.
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This is Intuitive Machines' second moon landing attempt. The previous attempt did not go as planned; the IM-1 spacecraft tipped over on its side during a hard landing.
Meanwhile, four days ago, Firefly Aerospace's "https://www.zerohedge.com/technology/texas-company-lands-moon-first-successful-commercial-landing
" lander made the first successful landing of a private spacecraft on the lunar surface.
https://cms.zerohedge.com/users/tyler-durden
Thu, 03/06/2025 - 13:20