Skip to main content

Market Overview

LUNR Stock Might Have Sunk Over 60% In Just A Month But Did You Know The 'To The Moon' Stock's Trajectory Is Similar To Dogecoin?

Share:
LUNR Stock Might Have Sunk Over 60% In Just A Month But Did You Know The 'To The Moon' Stock's Trajectory Is Similar To Dogecoin?

Space exploration company Intuitive Machines Inc. (NASDAQ:LUNR) and popular meme cryptocurrency Dogecoin (CRYPTO: DOGE) may not appear to have much in common, yet both assets have shown comparable price activity over the past year.

What happened: Houston-based Intuitive Machines has garnered both positive and negative press concerning its moon landing attempts. The company’s stock has shrunk by over 60% in the last one month.

While it made history last year as the first private company to touchdown on the moon, its lunar expedition in 2025 proved to be a failure.

The LUNR stock zoomed to a two-year high in January on optimism surrounding the second-moon landing attempt but the growth curve bent dramatically after the mission faced difficulties, triggering a nearly six-month low of $6.48.

See Also: Crypto Leaders Step Up Pressure On SEC As Trump’s Policies Reshape Regulatory Landscape

Similarly, the widely popular Dogecoin spiked to a 42-month high of $0.46 in November on excitement surrounding Donald Trump's presidential victory and establishment of the Elon Musk-led Department of Government Efficiency.

However, the gains were eroded after Trump's tariff policies triggered trade war fears, sending risk-on markets into a tailspin. Since the November high, the meme coin has plunged 63%.

It's worth recalling that Intuitive Machines has its own lunar legacy tied to the DOGE-1 mission—a SpaceX satellite project fully funded in DOGE meme coin, originally slated for launch in 2022 but delayed multiple times.

The satellite was supposed to go as a rideshare on Intuitive Machines’ successful lunar expedition, the Nova-C/IM-1. The company even evoked "Dogecoin to the moon," a slogan widely used by the coin's advocates, that signifies a rapid rise in its value, potentially to $1.


As of this writing, observers from both the space exploration and cryptocurrency world await positive updates around DOGE-1. However, when it eventually takes off, the buzz could spotlight lunar-focused stocks like LUNR, especially if Musk amplifies the event with his signature “Dogecoin to the Moon” cheerleading.

Price Action: At the time of writing, Dogecoin was exchanging hands at $0.1684, down 0.18% in the last 24 hours, according to data from Benzinga Pro

Shares of LUNR rose 1.14% in after-hours trading, after closing 11.4% lower at $7.010 during Tuesday’s regular session.

The LUNR stock exhibited high momentum as of this writing, but these 10 equities topped the list,  according to Benzinga's proprietary Edge Rankings score.

Image by Paopano on Shutterstock

Read Next: 

 

Related Articles ($BTC + $DOGE)

View Comments and Join the Discussion!

Posted-In: Doge-1 dogecoin Intuitive Machines KeyProj LUNR StockCryptocurrency News Markets

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com