Intuitive Machines Inc (NASDAQ:LUNR) shares are surging on Wednesday as the stock stages an aggressive recovery from a sharp sell-off the previous day.

Volatility From NASA Decision

On Tuesday, the market reacted instantly when NASA excluded Intuitive Machines from its long-awaited Lunar Terrain Vehicle (LTV) awards. The agency announced, “I am going to get ready to announce the first LTV award winner, and that is Astrolab.”

NASA chose Astrolab and Lunar Outpost for the development awards, while Blue Origin will handle the delivery of the vehicles. Because the LTV program directly connects to long-term Moon Base planning and sustained surface operations, investors panicked over the company missing out on the multiyear, government-backed initiative.

Broad sector enthusiasm continues to stem from the SpaceX S-1 IPO filing from less than a week ago.

LUNR Technical Levels To Watch This Week

LUNR remains in a clear longer-term uptrend, trading about 24.5% above its 20-day SMA ($30.38) and roughly 131.6% above its 200-day SMA ($16.33).

From a structure standpoint, the golden cross that formed in November 2025 (50-day SMA above the 200-day SMA) is still acting as a longer-term bullish backdrop.

The more recent roadmap shows a swing low in March followed by a push into a swing high and 52-week high in May, so the near-term question is whether price can digest those gains without losing the faster trend lines.

  • Key Resistance: $45.52 — the current 52-week high from May, and the next obvious breakout level if momentum re-accelerates
  • Key Support: $30.38 — aligns with the 20-day SMA, a common first line trend support during strong uptrends

What Is Intuitive Machines and Its Business Model?

Intuitive Machines Inc is a space infrastructure and services company focused on enabling sustained human activity beyond Earth. It designs, builds, integrates, and operates space systems, offering infrastructure-as-a-service across low Earth orbit, geostationary orbit, cislunar space, and deep space.

LUNR Stock Price Activity: Intuitive Machines shares were up 12.02% at $39.04 at the time of publication on Wednesday, according to Benzinga Pro data.

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