My EOY Review of LUNR
Intuitive Machines
LUNR (market cap is $2.77B was $0.404B)
Intuitive Machines, more readily typed as LUNR, is an aerospace company helping create the part of the space economy that deals with the Moon. They let others launch the rockets and LUNR deals with the satellites, landers, and such. The sky's the limit? Ha! They're beyond the sky. They're also literally on a frontier that is mostly empty, which can be a good thing or a bad thing. So far they're proving themselves through several successful missions, and have been treated with greater grace than I expected after their lunar lander fell over.
I spent just enough years working on rockets and satellites to appreciate their efforts, many of their risks, and have a hint of their potential. My ultra-short synopsis for starting conversations is that, while not exactly the same, LUNR may be for the moon what SpaceX is for everything. Note 'may'. Rockets blow up. Landers fall over. Equipment breaks and can't be repaired. But/And they're actually doing it, not just talking about it.
One twist from the US Presidential election is that at least some of NASA's role may be shifted to commercial vendors. That may explain some of the enthusiasm for LUNR's stock. I expect chaos. I also recognize that, if LUNR's management is thinking ahead as I am, LUNR's business opportunities may suddenly become broader. It may not be something for them to act on, but it should be worth creating contingency plans.
Regardless of politics, I invested in LUNR because I have been a fan of space commercialization since 1976. (Go L5!) I hoped it wouldn't take this long, but I'm glad if I can be a part of it at least this way.
DISCLOSURE LTBH since 2024, i.e. bought recently and intending to hold as the industry advances.
(One Company One Video on YouTube - youtu.be
(I've also collected links to the other discussion boards and my other stocks over on my blog. trimbathcreative.net |
