Once Capital Bets Big on Intuitive Machines

Once Capital Management recently invested $4.42 million in Intuitive Machines, a Houston-based space firm specializing in lunar missions and orbital equipment. This move, which accounted for 1.19% of their total assets, was a strategic bet on the companys potential. Intuitive Machines stock has surged 174% over the past year, outperforming the S&P 500, and reached a 52-week high in April. The company secured a $180.4 million NASA contract in March and projects $900 million to $1 billion in sales for 2026, despite a net loss of $84 million and a price-to-sales ratio of 14. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/61ec4255a43501a0