• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
TechSpaceX

SpaceX rocket blasts off carrying a U.S. firm’s spacecraft on a mission to land on the moon and end America’s 50-year lull

By
Loren Grush
Loren Grush
and
Bloomberg
Bloomberg
Down Arrow Button Icon
By
Loren Grush
Loren Grush
and
Bloomberg
Bloomberg
Down Arrow Button Icon
February 15, 2024, 5:34 AM ET
A SpaceX Falcon 9 rocket carrying the Nova-C lander for the IM-1 mission stands at pad 39A at the Kennedy Space Center after the scheduled launch of the rocket on Feb. 14, 2024 was postponed due to a technical issue in Cape Canaveral, Fla.
A SpaceX Falcon 9 rocket carrying the Nova-C lander for the IM-1 mission stands at pad 39A at the Kennedy Space Center after the scheduled launch of the rocket on Feb. 14, 2024 was postponed due to a technical issue in Cape Canaveral, Fla. Paul Hennessy—Anadolu/Getty Images

A SpaceX rocket blasted off Thursday carrying a US firm’s spacecraft on a mission to land on the moon and end America’s 50-year lull.

Recommended Video

Called Nova-C, the spacecraft built by Houston-based Intuitive Machines Inc. will attempt to touch down on the south side of the lunar surface on Feb. 22.

If successful, Intuitive Machines will claim a title that has eluded numerous companies and nonprofits who have shot for the moon in recent years: the first to land a privately built spacecraft on the lunar surface.

Up until now, only spacecraft built and operated by governments, often with large price tags, have made it to the moon’s surface in one piece. The US hasn’t landed a spacecraft on the moon intact since 1972.

The track record for companies has been less successful. 

Commercial spacecraft launched by groups in Israel and Japan have made it to the moon but didn’t survive the landing. And in January, Intuitive Machines’ US rival, Pittsburgh-based Astrobotic Technology Inc., launched its moon-bound spacecraft but suffered an engine failure, making a landing attempt impossible.

Nova-C will be carrying six payloads for NASA and five commercial ones under a contract that has grown to roughly $100 million since being awarded by the US space agency in 2019, Intuitive Machines Chief Executive Officer Stephen Altemus told Bloomberg News in an interview earlier. 

The contract was part of a NASA program designed to speed development of commercial robotic lunar landers that can carry NASA materials to the moon.

As it was working on Nova-C, Intuitive went public in a 2022 blank-check deal that put the company’s value at more than $1 billion. Its current market capitalization is around $481 million, according to data compiled by Bloomberg. 

Intuitive Machines also plans to build out a constellation of satellites orbiting the moon for communications and navigation, as well as develop other lunar space technologies.

Join us at the Fortune Workplace Innovation Summit May 19–20, 2026, in Atlanta. The next era of workplace innovation is here—and the old playbook is being rewritten. At this exclusive, high-energy event, the world’s most innovative leaders will convene to explore how AI, humanity, and strategy converge to redefine, again, the future of work. Register now.
About the Authors
By Loren Grush
See full bioRight Arrow Button Icon
By Bloomberg
See full bioRight Arrow Button Icon

Latest in Tech

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Tech

He was coding at 12 and became one of Google’s youngest ever CMOs—but now says Gen Z are better off ice skating than learning to code
SuccessCareers
He was coding at 12 and became one of Google’s youngest ever CMOs—but now says Gen Z are better off ice skating than learning to code
By Orianna Rosa RoyleApril 14, 2026
1 hour ago
sam altman
LawOpenAI
Meet the man accused of throwing a Molotov cocktail at Sam Altman: a 20-year-old AI doomer
By Juan Lozano, Lekan Oyekanmi and The Associated PressApril 13, 2026
10 hours ago
AI agents are acting like employees, but company structures still treat them like software
CommentaryOkta
AI agents are acting like employees, but company structures still treat them like software
By Dan MountstephenApril 13, 2026
11 hours ago
New drones are giving Ukraine a battlefield advantage and ravaging Russia’s oil industry
InnovationUkraine invasion
New drones are giving Ukraine a battlefield advantage and ravaging Russia’s oil industry
By Jason MaApril 13, 2026
12 hours ago
Anthropic caused panic that Mythos will expose cybersecurity weak spots, but one industry veteran says the real problem is fixing, not finding, them
CybersecurityTech
Anthropic caused panic that Mythos will expose cybersecurity weak spots, but one industry veteran says the real problem is fixing, not finding, them
By Marco Quiroz-GutierrezApril 13, 2026
13 hours ago
craig piggott
AIAgriculture
After growing up on a dairy farm, this Peter Thiel–backed founder is using AI to save cattle ranching
By Jake AngeloApril 13, 2026
15 hours ago

Most Popular

Billionaire philanthropist MacKenzie Scott has donated again—a week after gifting millions to a college, she's just given $70 million to Meals on Wheels America
Success
Billionaire philanthropist MacKenzie Scott has donated again—a week after gifting millions to a college, she's just given $70 million to Meals on Wheels America
By Fortune EditorsApril 13, 2026
17 hours ago
'People are trying to be creative': Tariff-battered American companies are so cash-starved they are using refund claims as collateral for loans
Economy
'People are trying to be creative': Tariff-battered American companies are so cash-starved they are using refund claims as collateral for loans
By Fortune EditorsApril 12, 2026
2 days ago
'This is the last warning.' Iran threatens U.S. warships after they throw down the gauntlet for winner-take-all Strait of Hormuz
Politics
'This is the last warning.' Iran threatens U.S. warships after they throw down the gauntlet for winner-take-all Strait of Hormuz
By Fortune EditorsApril 11, 2026
2 days ago
Current price of oil as of April 13, 2026
Personal Finance
Current price of oil as of April 13, 2026
By Fortune EditorsApril 13, 2026
20 hours ago
U.S. naval blockade on Iran will trigger a currency devaluation spiral and hyperinflation, potentially ending the war more quickly, analyst says
Economy
U.S. naval blockade on Iran will trigger a currency devaluation spiral and hyperinflation, potentially ending the war more quickly, analyst says
By Fortune EditorsApril 13, 2026
17 hours ago
As the U.S. Navy attempts to take control of the Strait of Hormuz today, Trump asks the Pope to shut up
Politics
As the U.S. Navy attempts to take control of the Strait of Hormuz today, Trump asks the Pope to shut up
By Fortune EditorsApril 13, 2026
22 hours ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.