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Intuitive Machines sinks with moon landing not in right position

Shares of Intuitive Machines (LUNR) are sinking after the company said its moon landing of Athena didn’t touch down as designed. “We don’t believe we’re in the correct attitude on the surface of the moon,” Steve Altemus, CEO of Intuitive Machines, said during a briefing hosted by NASA, referring to the device’s orientation. The company said it is working to get more information. The stock in premarket trading is down 34%, or $3.81, to $7.45.

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