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Biotech / Medical : LUNR (lunar corp)
LUNR 11.37-5.4%Oct 30 3:59 PM EDT

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From: tktrimbath6/30/2025 4:20:58 PM
   of 29
 
My mid-year review of LUNR

INTRO Here's my semi-annual exercise to see if I remember why I own the stocks I own, and so I can check back and see if their stories have changed. I post in case it helps others too.

Intuitive Machines

LUNR (market cap is $1.94B was $2.77B)

Intuitive Machines is the company. LUNR is the trading symbol. I'll use the trading symbol to mention the company because it is fewer letters. LUNR is enabling the development of lunar exploration and infrastructure. They don't launch the rockets, but they ride them to deliver satellites and rovers to the Moon.

Lunar commerce is a speculative business because we've never had to estimate an industry a quarter of a million miles away. Optimists can see similarities to other commercial space ventures like SpaceX. Pessimists point out that the commercial market will necessarily be smaller than the commercial space market closer to Earth. The company's two successful arrivals at the Moon's surface is encouraging. The fact that both landers fell over is discouraging.

The public readily understands things that fall over, but the company makes money by selling other products and services, too. They have competitors, but there should be more than enough market if the industry grows as estimated. Investors who don't want to miss out may drive up the price even if they don't fully understand the technology or business model. A successful landing would help.

I bought recently and intend to hold as the industry advances.

DISCLOSURE LTBH since 2024.

(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

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