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MarketBeat

Thomas Hughes

Back From Orbit, Intuitive Machines' Share Price Enters the Buy Zone

Intuitive Machines SpaceX

Intuitive Machines (NASDAQ: LUNR) share price suffered an ailment common to space stocks in 2026: SpaceX hype. While the space market is fundamentally improving, the SpaceX (NASDAQ: SPCX) IPO and period leading up to it induced some inflated valuations among space stocks.

The story as of August, however, is that valuations have come back to earth, are more grounded in reality, and reality is very bullish. While losses persist, a structural shift in demand underpins results and points to sustainable strength in the upcoming quarters.

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