Dec 24, 2024 - Update 1 - SPSIAD & IM-2/IM-3 News

Originally published 12/24/2024. Last revised 12/24/2024.

“Intuitive Machines, Inc.(NasdaqGM:LUNR) added to S&P Aerospace & Defense Select Industry Index” (SPSIAD).

As of yesterday, 23 December 2024, this index fund holds 2,944,546 shares, representing a weight of 1.628768% of the overall index, ranking 22 on the list of holdings, which comprises 35 companies total in the Aerospace and Defense sector. These shares, at today’s closing bell, are worth $48,673,642.92. This fund holds companies such as Lockheed Martin, Boeing, General Electric, and Northrop Grumman, to name a few, with the current biggest holding being Rocket Lab at a ~4.81% holding.

This represents massive support to the future of the company. Within the last two days, LUNR rallied from the opening bell for main market hours on Monday at a price of $12.60 and closed today, on Christmas Eve, at a price of $12.64 (Note that this does not include pre-market or after hours), representing roughly a 32% increase. IM-2 has been semi-confirmed, via David L. Shultz, a senior engineering technician involved in aerospace propulsion at Intuitive Machines, in a LinkedIn reply to someone in a comment on the Intuitive Machines company post to be on schedule with an estimated launch date in January.

Shultz also confirmed via the same comment that LUNR had their first fabrication meeting regarding the IM-3 mission, the first we’ve publicly heard of work being started.