Intuitive Machines in Perfect Position to Capitalize on Shifting Priorities for Moon, Mars -- Market Talk

Dow Jones03-25 12:27

0827 ET - Space-exploration company Intuitive Machines is positioned well as debates over exploratory efforts between the moon and Mars play out, says Benchmark's Josh Sullivan in a research note. Expectations are growing that funding for moon-focused Artemis and lunar programs in general may take a backseat to Mars missions, given Elon Musk's focus on the effort and his influence in the federal government. But Sullivan believes the U.S. will not cede the moon to China even as trips to Mars take on greater importance. Instead, NASA will fund commercialized enterprises to outsource lunar development, which puts Intuitive in a "perfect position to capitalize on this dynamic," says the analyst. (denny.jacob@wsj.com; @pennedbyden)

(END) Dow Jones Newswires

March 25, 2025 08:27 ET (12:27 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment