Movement Alert｜Intuitive Machines Rises 5.03% Overnight, Space Sector Rebounds After SpaceX IPO-Triggered Selloff

Market Focus06-15

On June 15, Intuitive Machines rose 5.03% overnight, trading at 27.84 USD/share, with turnover of 86.74万美元.

On the news front, the space sector staged an oversold rebound following the sharp selloff triggered by SpaceX's Nasdaq debut on June 12. SpaceX surged 19.22% on its first trading day with market capitalization exceeding $2.1 trillion, but the capital siphoning effect led to a broad collapse across space concept stocks. Intuitive Machines plunged over 13% on that day, while Virgin Galactic dropped over 31% and Rocket Lab fell approximately 11%.

After the steep decline, the sector is now seeing recovery momentum. Peers including Virgin Galactic rose 5.63%, Rocket Lab gained 4.94%, and Redwire advanced 2.31%, collectively lifting sentiment and driving Intuitive Machines to stabilize and rebound. The company's $500 million share offering plan remains a lingering overhang, though its $1.1 billion order backlog and first-quarter revenue nearly tripling year-over-year continue to provide fundamental support.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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