{"id":1459117,"date":"2024-02-24T17:15:00","date_gmt":"2024-02-24T22:15:00","guid":{"rendered":"https:\/\/bugaluu.com\/news\/?p=1459117"},"modified":"2024-02-24T17:15:00","modified_gmt":"2024-02-24T22:15:00","slug":"moon-lander-tipped-over-on-touchdown-sending-shares-of-intuitive-machines-crashing-late-friday","status":"publish","type":"post","link":"https:\/\/bugaluu.com\/news\/moon-lander-tipped-over-on-touchdown-sending-shares-of-intuitive-machines-crashing-late-friday\/1459117\/","title":{"rendered":"Moon Lander “Tipped Over” On Touchdown, Sending Shares Of Intuitive Machines Crashing Late Friday"},"content":{"rendered":"

Moon Lander “Tipped Over” On Touchdown, Sending Shares Of Intuitive Machines Crashing Late Friday<\/span><\/p>\n

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Intuitive Machines Inc. investors have experienced more volatility than crypto traders since its Odysseus moon lander was catapulted into space by a\u00a0SpaceX Falcon 9 rocket<\/a>\u00a0from NASA’s Kennedy Space Center in Florida on Feb. 15. Shares soared as the Odysseus spacecraft successfully entered the moon’s orbit and landed. However, in the after-hours trading on Friday, shares crashed on reports the spacecraft had toppled over upon landing in the moon’s south pole region.\u00a0<\/p>\n

<\/a><\/p>\n

Intuitive Machines initially said its Odysseus moon lander landed successfully on Thursday. But as\u00a0AP News<\/a>\u00a0reports, CEO Steve Altemus said Friday that the spacecraft “caught a foot in the surface,” falling on its side and possibly leaning against a rock. He said a high landing speed might have snapped one of Odysseus’s support legs.\u00a0<\/p>\n

“So far, we have quite a bit of operational capability even though we’re tipped over,” Altemus told reporters.<\/em><\/p>\n

He said engineers are in the process of downloading data and hope to understand the severity of the issue as early as this weekend:<\/p>\n

“We’re downloading and commanding data from the buffers in the spacecraft and trying to get you surface photos because I know that everyone’s hungry for those.”\u00a0<\/em><\/p>\n

What a rollercoaster ride for investors. Shares crashed as much as 31% on landing woes report.\u00a0<\/p>\n

<\/a><\/p>\n

Odysseus is the first US lunar lander in half a century. It remains to be seen if the lander can conduct its mission.\u00a0<\/p>\n

As we’ve penned before, another bubble could be forming:\u00a0“Forget AI Bubble. A New One Emerges As Space Firms Prepare For IPO Launchpad.”\u00a0<\/em><\/a><\/p>\n

\u00a0<\/p>\n

\u00a0<\/p>\n<\/div>\n

Tyler Durden<\/a><\/span>
\nSat, 02\/24\/2024 – 12:15<\/span><\/p>\n

\u200bRead More<\/a>\u00a0<\/p>\n

\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"

Moon Lander “Tipped Over” On Touchdown, Sending Shares Of Intuitive Machines Crashing Late Friday Intuitive Machines Inc. investors have experienced more volatility than crypto traders…<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1459117","post","type-post","status-publish","format-standard","hentry","category-news","wpcat-1-id"],"_links":{"self":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1459117","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/comments?post=1459117"}],"version-history":[{"count":0,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1459117\/revisions"}],"wp:attachment":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/media?parent=1459117"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/categories?post=1459117"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/tags?post=1459117"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}