How the Reverse Merger Paved the Way for a New Era in Commercial Space Exploration
Intuitive Machines achieves historic success with lunar landing following SPAC merger.
The U.S. aerospace company Intuitive Machines (NASDAQ: LUNR) went public in early 2023 through a reverse merger. Just one year later, in February 2024, the company made history by completing the first-ever commercial lunar landing — a monumental milestone that underscores the transformative potential of publicly traded startups.
This achievement demonstrates how capital raised through a reverse merger can empower visionary companies to realize groundbreaking projects.