Shares of Intuitive Machines surged by approximately 60% after the company was awarded a NASA contract worth up to $4.82 billion for lunar communications and navigation services. This significant deal marks a pivotal moment for the company, recognized for its role in building necessary infrastructure for Earth-Moon communications. The contract not only highlights NASA's trust in Intuitive Machines but also positions the company as a key player in space exploration and relay systems support. Investors are closely watching the developments as Intuitive Machines aims to capitalize on its new contract, leading to substantial market momentum and attention around the stock.