$Intuitive Machines(LUNR.US) Considering the current order backlog and government policy direction, if IM3 succeeds, a market cap of 4.5-5 billion is reasonable. That means, excluding additional share offerings, the stock price could reach around 25, and with some market hype, it might even test 30. Also, IM3 doesn't even need to actually succeed—there will likely be a pre-launch price-in rally that drives the stock up.

However, LUNR's upside is still quite limited right now, relying entirely on government contracts. The acquisition of Lanteris Space Systems hasn't been finalized yet, and even if it is, turning this into commercial growth will take years.

So I'll start reducing my position once LUNR hits 18.