Shares of Intuitive Machines slumped to close 22% lower on Friday after the U.S. space exploration company confirmed that its second moon lander, Athena, landed on its side a day ago, similar to its first attempt last year.

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

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.