Intuitive Machines (NASDAQ: LUNR) stock saw big gains in Wednesday's trading. The company's share price closed out the day's trading up 14.5% and had been up as much as 18.1% earlier in the session. Intuitive Machines stock saw a rebound today as new information about its failed lunar landing mission emerged.

Intuitive Machines' lunar mission failed, causing a 73% stock decline from the highs, and raising concerns about their designs. Explore more details here.

The stock of Intuitive Machines (LUNR) is down 25% on reports that the space exploration company experienced difficulties with a recent moon

Intuitive Machines’ flight controllers are communicating with the lander and trying to figure out its orientation on the lunar surface.

Intuitive Machines' stock fell sharply after the IM-2 mission failed to land properly, impacting its solar panels and raising concerns about future contracts. Despite the setback, the company's business model shows potential with high-margin opportunities in data transmission and infrastructure, contingent on successful delivery missions.