Today’s Stock: Intuitive Machines, Inc. (LUNR)Today’s Stock: Intuitive Machines, Inc. (LUNR)
Intuitive Machines, Inc. designs, manufactures, and operates space products and services in the United States. The company provides delivery services for the transportation and delivery of payloads, such as satellites, scientific instruments, and cargo to various destinations in space, rideshare delivery, and lunar surface access; data transmission services, which include the collection, processing, and interpretation of space-based data, utilizing AI applications, such as command, control, communications, reconnaissance and prospecting; and infrastructure as a service delivers space assets performing tasks and making decisions without human intervention that are designed to perform essential functions, such as navigation, maintenance, scientific data collection, and system health monitoring.
My Thoughts 💭My Thoughts 💭
As a space nerd I wanted to exposure to a company working to open up the space economy to humanity. After learning about LUNR’s had a successful rover lunar landing I bought shares.
At 27.1k sats per share ($64,580), and no dividend. This company will have to grow at or faster than bitcoin to make it a worthwhile investment if in search of any return.
The company trades at a PE -10 which means investors are paying $10 access $1 of losses. The company is profitable meaning investors are taking a lot of risk with their capital buying shares at this valuation.
Let’s review some key fundamentals to determine if this stock is worth spending sats on.
PE:PE:
Expected Growth:Expected Growth:
Revenues and expenses:Revenues and expenses:
Balance Sheet:Balance Sheet:
Dividend:Dividend:
No dividendNo dividend
Bitcoin per share:Bitcoin per share:
NoneNone
Ownership breakdown :Ownership breakdown :
Leadership:Leadership:
The fundamentals of this company are decent. The balance sheet is good, the growth prospects are great (projected to out grow bitcoin), and a founder lead leadership team,
The negatives are the lack of revenues and working in the space economy that may not bring any value back to the investors ever!
From a Bitcoiner perspective. Paying 27.1k sats for this company is reasonable. At these price levels you can get ownership of a company that is trying to monetize space which could be extremely rewarding. Thus spending a few sats might be worthwhile in the long run.
Here is the performance according to Simply Wall Street
I bought shares in this company long time when the price was under $5 a share. If I was a trader I would have sold out of my position and taken my gains long ago but I am an investor and unless they pivot away from space I will continue to own shares.
When stocks run up it’s hard to keep adding shares so at this time I don’t have any plans to buy or sell any shares at this time.