Intuitive Machines Falls 7% Despite Scaling Up Satellite Manufacturing; Rocket Lab and Redwire Drop 5%
Intuitive Machines fell 7% as space stocks sold off broadly, despite the headline noting the company is scaling up satellite manufacturing. Rocket Lab and Redwire also dropped 5%.
Why it matters — The move places LUNR’s decline within a wider pullback across space companies, even as the headline points to expanded satellite manufacturing.