Why Intuitive Machines Stock Popped Then Dropped
Intuitive Machines stock experienced significant volatility, initially rising nearly 14% before reversing to a 2% decline. The excitement surrounding SpaceX's upcoming IPO is believed to have shifted investor sentiment away from Intuitive Machines. Analysts suggest that the impending IPO could overshadow other space stocks, including Intuitive Machines.
- ▪Intuitive Machines stock jumped nearly 14% before dropping to a 2% decline.
- ▪SpaceX has moved up its IPO date to June 12, creating excitement in the space sector.
- ▪Analysts warn that the SpaceX IPO may divert investor interest away from Intuitive Machines.
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Why Intuitive Machines Stock Popped Then Dropped Rich Smith, The Motley Fool Mon, May 18, 2026 at 8:13 AM PDT 3 min read SpaceX IPO excitement is reaching a fever pitch, driving space stocks sharply higher Monday morning -- temporarily. Intuitive Machines (NASDAQ: LUNR) stock, the company that returned America to the moon in 2024 and that reported soaring sales last week, jumped nearly 14% out of the gate this morning before reversing and giving back all its gains. As of 10:40 a.m. ET, Intuitive shares are actually down 2%. Will AI create the world's first trillionaire? Our team just released a report on a little-known company, called an "Indispensable Monopoly," providing the critical technology Nvidia and Intel both need. Continue » Image source: Getty Images.
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