Quick Read – Intuitive Machines (LUNR) stock is up 9% and has gained 166% year-to-date as the company focuses on lunar exploration and NASA contracts that differentiate it from SpaceX’s commercial launch business. – Rocket Lab (RKLB) stock is down as the company faces direct…
mpetition with SpaceX in small and medium-lift launches, while Planet Labs (PL) stock is down 2% after a 146% year-to-date surge based on Earth observation imagery and analytics revenue. – Investors are rotating capital within the space sector after SpaceX’s IPO announcement, with traders treating weakness in Rocket Lab stock and Planet Labs stock as profit-taking from extreme valuations rather than a fundamental shift in the space infrastructure thesis. – The analyst who called NVIDIA in 2010 just named his top 10 stocks and Intuitive Machines wasn’t one of them. Get them here FREE
Shares of Intuitive Machines (NASDAQ:LUNR) are up 9% in mid-morning trading Thursday, while Rocket Lab (NASDAQ:RKLB) stock is down 3% and Planet Labs (NYSE:PL) stock is lower by 2%. LUNR stock changed hands near $44, RKLB stock around $146, and PL stock near $49. No company issued material news this morning, which makes the split between the three names the real story.
After the SpaceX initial public offering halo lifted the entire space complex, money looks to be rotating within space stocks rather than leaving the sector. The analyst who called NVIDIA in 2010 just named his top 10 stocks and Intuitive Machines wasn’t one of them. Get them here FREE.