The Space Investor - 🚀 IM-1 Mission Makes History

Market Max-Q

Top Stories

• At 6:23pm EST on Thursday, Intuitive Machines became the first commercial company to land on the Moon and the first American to do so in the 21st century / since 1972.
   
• “We can confirm, without a doubt, that our equipment is on the surface of the Moon, and we are transmitting,” IM-1 flight director and CTO Tim Crain said on the company’s livestream.
   
• Both citizens and investors await to hear and see if the camera on Nova-C lander named EagleCam was able to capture any photos.
   
• On Wall Street, LUNR shares have had a wild four weeks. Trading from an all-time low of $2.09 per share set on January 4th to $9.59 close on Friday, February 23rd, shares rallied +360%.
   
  • In what has been a buy the hype-type run, investors have made out very, very well. Have LUNR shares come too far too fast? Time will tell!
     
• “We’ve never witnessed a publicly traded company go through a moon landing attempt. So this is new, not just for investors, but for us analysts as well,” Cantor Fitzgerald’s Andres Sheppard told CNBC.

• On Wednesday afternoon at 4:40pm ET, Varda's W-1 capsule touched down in the Utah desert bringing back pharmaceuticals made in space. Varda then shipped the vials of the drug ritonavir made during the mission in space to partner Improved Pharma for analysis.
   
• Rocket Lab's successful demonstration its end-to-end space systems solutions following its design, manufacture and operation of Varda's spacecraft, which included a full suite of subsystems and components built in-house.
   
• Rocket Lab called the landing a “phenomenal feat and impressive display of teamwork.”
   
• Varda will kick off their W-2 mission this coming summer.

In Other News

Image of the Week

Links

Opinion

Earnings Calendar