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Maker of Lunar Landers to Go Public in Blank-Check Deal

  • Intuitive Machines expects to be valued at over $1 billion
  • Company is vying to bring first private lander to moon surface
Intuitive Machines’s Micro-Nova lunar vehicle

Intuitive Machines’s Micro-Nova lunar vehicle

Source: Intuitive Machines LLC
Updated on

Intuitive Machines LLC plans to go public through a blank-check deal valuing the space exploration company at more than $1 billion.

The firm will be listed on the Nasdaq exchange after a combination with Inflection Point Acquisition Corp., according to a statement Friday. The boards of both companies have unanimously approved the deal, which is expected to be completed in the first quarter of 2023.