Intuitive Machines Inc. saw its share price increase by 10.67 percent on Friday, closing at $21.58 per share.
Investor activity followed a market report from Morgan Stanley, which described 2025 as a "banner year" for the space sector, with positive effects expected to continue into 2026.
The firm cited higher launch frequencies, new product launches, market development, and U.S. government policy support as factors driving this year's outlook.
This optimism led to increased buying in several space companies, including Intuitive Machines, Firefly Aerospace, Rocket Lab, and MDA.
Separately, Intuitive Machines completed the acquisition of spacecraft manufacturer Lanteris Space Systems for $800 million.
The deal involved $450 million in cash and $350 million worth of Intuitive Machines Class A common stock.
Intuitive Machines stated the acquisition enhances its capabilities for future projects such as Golden Dome, Space Development Agency architecture, NASA's Artemis and Lunar Terrain Vehicle programs, and potential Mars communications missions.