Intuitive Machines to go public in SPAC merger (update)

Sep. 16, 2022 6:16 AM ETInflection Point Acquisition Corp. (IPAX), IPAXU, IPAXWBy: Preeti Singh, SA News Editor

Intuitive Machines has signed a definitive merger deal with SPAC Inflection Point Acquisition (NASDAQ:IPAX) that would take the space-exploration startup public.

Pursuant to the deal, Inflection Point (IPAX), which currently holds ~$330M of cash in trust, will combine with Intuitive Machines. The pro forma

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