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Intuitive Machines Surges on $1.76B Backlog | Durham News
Intuitive Machines is soaring—despite not yet being profitable—thanks to a $1.76 billion order backlog surge and a blockbuster $600M commercial satellite deal that’s diversifying its reach beyond the moon. Stifel upgraded their rating to Buy, citing a 310% revenue jump and a strong 4.5 book-to-bill ratio, betting on the company’s potential to hit $1B in revenue and profitability by 2026. While risks remain, this move signals a shift from speculative lunar play to serious aerospace contender. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on…
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