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Intuitive Machines Shares Plunge on $175M Raise

Intuitive Machines Shares Plunge on $175M Raise

Intuitive Machines shares plunged sharply after announcing a $175 million strategic equity investment. The funding will support key projects, including expansion into orbital data center technology. This move aims to bolster the space company's growth in innovative computing infrastructure.

Bloomberg TechnologyMediaFeb 25#funding#space-compute#orbital-dc
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