Intuitive Machines Stock Gains On KinetX Acquisition
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Intuitive Machines, Inc. (Nasdaq: LUNR) shares surged 6.10% to $11.26 on October 2, 2025, following the completion of its strategic acquisition of KinetX, Inc. The Houston-based space technology company finalized the $30 million deal on October 1, 2025, paying approximately $15 million in cash and 1.4 million shares of common stock. The acquisition significantly expands Intuitive Machines’ capabilities in deep space navigation and constellation management, positioning the company to deliver secure data relay services from the Moon to Mars. With a market capitalization of $1.329 billion, LUNR stock has demonstrated strong momentum, posting a 53.50% gain over the past year despite a 37.87% decline year-to-date.
KinetX Integration Expands Intuitive Machines’ Interplanetary Reach
The KinetX acquisition represents a transformative move for Intuitive Machines, combining the company’s lunar-proven spacecraft and data network with KinetX’s decades of deep space navigation expertise. KinetX has supported some of the most ambitious planetary missions in history, providing navigation services to Mercury, Pluto, asteroids, and the Moon for NASA and other leading space agencies. CEO Steve Altemus emphasized that uniting deep space navigation with data services gives customers the confidence to operate across the solar system with precision and autonomy, enabling faster exploration and innovation.
The deal extends Intuitive Machines’ infrastructure footprint across Houston, Phoenix, Maryland, and other U.S. locations, aligning with key opportunities in civil exploration, national security space, and future Mars telecommunications programs. KinetX’s NASA certification for deep space navigation and its proven track record in mission planning enhance Intuitive Machines’ ability to deliver end-to-end space data relay solutions for lunar and interplanetary missions. This acquisition accelerates the company’s work in building secure, scalable space capabilities that support both government and commercial customers.
LUNR Stock Sees Volatility but Gains on Growth Prospects
As of October 2, 2025, at 11:55 AM EDT, Intuitive Machines stock was trading at $11.26, up $0.65 or 6.10% for the day, with a trading range between $10.75 and $11.38. The company’s market capitalization stands at $1.329 billion, with an enterprise value of $886.36 million and total cash of $344.9 million as of the most recent quarter. Despite posting a net loss of $241.76 million on revenues of $225.98 million over the trailing twelve months, analysts maintain an average price target of $14.57, representing potential upside from current levels.
The stock’s 52-week range spans from $6.14 to $24.95, reflecting significant volatility in the aerospace and defense sector. Analyst recommendations lean positive, with Cantor Fitzgerald maintaining an overweight rating and an overall score of 79/100. While LUNR’s year-to-date performance trails the S&P 500’s 14.17% gain, the stock’s one-year return of 53.50% demonstrates strong investor confidence in the company’s lunar mission successes and strategic growth initiatives. Intuitive Machines made history in 2024 by soft-landing its Nova-C lunar lander on the Moon, returning the United States to the lunar surface for the first time since 1972, and followed up with a second successful landing at the lunar south pole in 2025.
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Disclaimer: The author does not hold or have a position in any securities discussed in the article. All stock prices were quoted at the time of writing.