Intuitive Machines was one of nine companies selected by NASA in 2018 to bid on its CLPS program. NASA awarded $77 million to the company to construct and launch the Nova-C moon lander. The company went public via a special purpose acquisition company (SPAC) in 2023, roughly a decade into its business journey.
It launched its first mission in 2024 using its Nova-C lander, the Odysseus IM-1. The spacecraft spent six months traveling to the moon. Upon its orbit and descent to the moon's surface in February 2024, Intuitive Machines' Nova-C became the first U.S. aircraft to land on the moon in more than five decades since Apollo 17's landing.
Even though the lander tipped over when it landed, its instruments remained functional, and the mission was still regarded as a success. However, shares dropped by 30% temporarily once the company reported the issue with the landing.
A second mission using its Nova-C lander, IM-2, launched in 2025 and was deemed a success by the company and marking the first-ever lander to land on the moon's south pole.
In this deep dive into investing in Intuitive Machines stock, we'll explore how to buy shares of the stock, whether it deserves your investment dollars, how to invest in the stock through an exchange-traded fund (ETF), and more. Let's get started.
How to buy Intuitive Machines
Because Intuitive Machines is publicly traded, the process of buying it is similar to purchasing shares of any other U.S.-listed stock. Here's a quick breakdown of the process: