2 Trillion Won 'Moon Exploration Stocks'... 8% Plunge in One Day
By ATTN Desk · Editorial oversight: Sean Han
Intuitive Machines Inc. (NASDAQ: LUNR), a U.S. space exploration company, closed at $18.42 on the Nasdaq on the 26th, down 8.01% from the previous day.
Trading volume was approximately 6.04 million shares, and its market capitalization stood at about $2.19 billion (roughly KRW 3.2 trillion), erasing around $160 million (about KRW 200 billion) in value in a single session.
As of January 21, 15 Wall Street analysts had given Intuitive Machines a “moderate buy” consensus, with a 12-month average target price near $17 (source: defenseworld.net).
Earlier, on January 14, the average price target was raised to $18.77, indicating that analysts still saw upside potential (source: nasdaq.com).
Headquartered in Houston, Intuitive Machines is a private U.S. space company developing a lunar lander under NASA’s CLPS program and serving as a cargo transport partner for the Artemis initiative (source: en.wikipedia.org).
In 2024, its IM-1 “Odysseus” mission became the first successful U.S. soft lunar landing since Apollo, though the lander tipped over upon touchdown. The follow-up IM-2 “Athena” mission in 2025 also encountered technical challenges, landing near the lunar south pole before ending up tilted (source: cnbc.com).