If You Invested $1000 Each In Intuitive Machines' LUNR Stock And Dogecoin Exactly Two Years Ago, This Asset Would Have Been The Winner

Space exploration company Intuitive Machines Inc. LUNR is gearing up for its second moon landing attempt on Wednesday, with the anticipation sending its stock higher in after-hours trading.

What happened: The Houston-based firm, which made history last year by becoming the first private company to touchdown on the moon, prepares to land its Nova-C lunar lander near the lunar south pole.

Interestingly, the lunar lander, part of Intuitive Machines' historic expedition last year, has an old connection with Dogecoin DOGE/USD, the world's largest meme cryptocurrency.

DOGE-1 was a satellite mission by Elon Musk's space company, Space X, paid for entirely with the meme coin.

The satellite was supposed to go as a rideshare on the Nova-C/IM-1 mission, with Intuitive Machines talking about "taking Dogecoin to the Moon" in a post dated May 11, 2021.

We knew @ElonMusk was taking #Dogecoin to the Moon, but had no idea it would be on our flight.

– First Commercial Lander to the Moon https://t.co/UuqQ3pJl8U
— Intuitive Machines (@Int_Machines) May 10, 2021

As things turned out, the satellite missed the planned rideshare with the IM-1 mission and was subsequently postponed. Regardless, the association produced significant hype for both the company and Dogecoin.

Intuitive Machines went public in February 2023. So, if you had invested $1000 in both the company's stock and the meme coin exactly two years ago, Dogecoin would have netted you a return of 158%, while the LUNR stock would have trimmed your investment by 35.83%.

Assets	Price (Recorded on Feb. 26, 2023)	Investment	Price (Recorded on Feb. 26 at 2:30 a.m. ET)	Value Of Investments Today	Gains +/-
LUNR Stock	$24.00	$1000	$15.40	$641.66	-35.83%
Dogecoin	$0.08078	$1000	$0.2092	$2589.74	+158.975%

Price Action: Shares of LUNR surged 6.30% in after-hours trading, after closing 9.25% lower at $15.40 during Tuesday's regular session, according to data from Benzinga Pro. The stock has a consensus price target of $15.83 based on 6 analyst ratings.

As of this writing, Dogecoin traded at $0.2101, up 2.84% in the last 24 hours.

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