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New Deal


Announced

Completed

Intuitive Machines went public via a SPAC merger with Inflection Point Acquisition in an $815m deal.

Financials

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Transaction Value£713m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Merger

Single Bidder

De-SPAC

Majority

Aerospace

aerospace company

Private

Friendly

United States

Domestic

Reverse Takeover

Completed

Synopsis

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Intuitive Machines, a diversified space exploration, infrastructure, and services company, went public via a SPAC merger with Inflection Point Acquisition, a blank cheque company, in an $815m deal. "As the United States plans its return to the Moon after a 50-year absence, Intuitive Machines is excited to play a critical role in providing technologies and services to establish long-term lunar infrastructure and commerce. What’s different this time is that the US government has astutely chosen to utilize partnerships with the private sector to accomplish its goals more quickly and more cost-effectively,” Kam Ghaffarian, Intuitive Machines Co-Founder and Chairman.

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