Intuitive Machines Stock Surges on NASA Lunar Cargo Deal

• Intuitive Machines' stock increased by 12% on Monday following a NASA announcement.
• NASA selected Intuitive Machines among eight companies for lunar cargo deliveries worth up to $10 billion.
• The selected companies will compete task-by-task for awards under the Commercial Lunar Payload Services.
• The announcement was made through a NASA press release.
• The stock surge occurred by 12:45 p.m. ET on Monday.