Intuitive Machines, Inc. (LUNR) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
LUNR currently has 159M outstanding shares. with significant dilution risk as 454M authorized shares could dilute existing holders by 284.6%. The company has significantly diluted shareholders by 118.23% over the past 2 years, indicating aggressive capital raising.
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| May 14, 2026 |
8-K filing: Intuitive Machines, Inc. entered into a Share Purchase Agreement to acquire Goonhilly Earth Station Limited for aggregate consideration of £37,000,000, including the issuance of 960,649 shares of its Class A Common Stock. |
160M | 450M |
| Mar 19, 2026 |
10-K filing | 159.4M shares outstanding |
160M | 450M |
| Nov 13, 2025 |
10-Q filing | 117.8M shares outstanding |
120M | 450M |
| Aug 07, 2025 |
10-Q filing | 117.4M shares outstanding |
120M | 450M |
| May 13, 2025 |
10-Q filing | 107.1M shares outstanding |
110M | 450M |
| Mar 25, 2025 |
10-K filing | 115.7M shares outstanding |
120M | 450M |
| Feb 04, 2025 |
8-K filing: Intuitive Machines issued 7,500,000 shares of Class C common stock to Stephen Altemus, Timothy Crain, and Dr. Kamal Ghaffarian. The company also purchased 941,080 shares of Class A common stock from Michael Blitzer for $20,700,000 in connection with warrant redemption. ($20.7M proceeds) |
81M | 450M |
| Nov 18, 2024 |
POS AM filing: This Post-Effective Amendment No. 1 deregisters any and all securities that remain unsold or otherwise unissued under the Registration Statement due to the termination of the Purchase Agreement. |
81M | 450M |
| Nov 15, 2024 |
10-Q filing | 80.9M shares outstanding |
81M | 460M |
| Aug 13, 2024 |
10-Q filing | 62.3M shares outstanding |
62M | 460M |
| May 14, 2024 |
10-Q filing | 53.7M shares outstanding |
54M | 460M |
| Mar 27, 2024 |
S-3 filing: Intuitive Machines, Inc. is offering up to $300,000,000 of Class A Common Stock. Additionally, this prospectus relates to the resale of shares and warrants by selling securityholders and the issuance of shares upon redemption of units, exercise of warrants, and conversion of preferred stock. |
160M | 460M |
| Mar 25, 2024 |
10-K filing | 51.1M shares outstanding |
51M | 190M |
| Jan 30, 2024 |
8-K filing: Intuitive Machines issued 3,487,278 shares of Class A Common Stock to Ghaffarian Enterprises, LLC in exchange for a $10.0 million contribution to repay a credit line. ($10.0M proceeds) |
21M | 190M |
| Jan 11, 2024 |
8-K filing: Intuitive Machines, Inc. entered into a warrant exercise agreement with an existing accredited investor to exercise an outstanding Series B Common Stock Purchase Warrant for 4,705,883 shares of Class A common stock, receiving new warrants and reducing exercise prices of existing warrants in exchange for approximately $11.8 million in gross proceeds. ($11.8M proceeds) |
21M | 190M |
| Nov 13, 2023 |
10-Q filing | 21.0M shares outstanding |
21M | 190M |
| Sep 21, 2023 |
S-1 filing: This is an S-1 filing related to the offering of Class A Common Stock issuable upon the exercise of PIPE Warrants held by the selling stockholder and PIPE shares. |
16M | 190M |
| Sep 06, 2023 |
8-K filing: Intuitive Machines, Inc. completed a private placement on September 5, 2023, selling 4,705,883 shares of Class A Common Stock along with warrants to purchase an additional 9,411,766 shares of Class A Common Stock, for gross proceeds of $20.0 million, and also sold shares of Class A and Class C common stock to Ghaffarian Enterprises, LLC on September 6, 2023 for $0.6 million. ($20.6M proceeds) |
16M | 170M |
| Aug 14, 2023 |
10-Q filing | 15.7M shares outstanding |
16M | 170M |
| Jun 29, 2023 |
S-1/A filing: This prospectus relates to the potential offer and sale from time to time by CF Principal Investments LLC of up to 4,789,272 shares of class A common stock, that may be issued by us to Cantor pursuant to a common stock purchase agreement, and also relates to 95,785 shares of Class A Common Stock which we have agreed to issue to Cantor in connection with the execution of the Purchase Agreement |
15M | 170M |
| Jun 29, 2023 |
S-1/A filing: This S-1/A filing registers the resale of (i) 95,187,767 shares of class A common stock, (ii) 6,845,000 warrants to purchase Class A Common Stock at an exercise price of $11.50 per share, (iii) 1,450,000 public warrants to purchase Class A Common Stock at an exercise price of $11.50 per share and (iv) 21,930,384 shares of Class A Common Stock issuable upon the exercise of outstanding Warrants. |
15M | 170M |
| Jun 23, 2023 |
S-1/A filing: This S-1/A filing registers the resale of shares of Class A common stock, private placement warrants and public warrants. |
15M | 170M |
| Jun 05, 2023 |
S-1/A filing: This S-1/A filing relates to the potential offer and sale from time to time by CF Principal Investments LLC of up to 4,789,272 shares of class A common stock and 95,785 Commitment Shares. |
15M | 170M |
| Jun 05, 2023 |
S-1/A filing: This S-1/A filing registers the resale of shares of Class A Common Stock, Private Placement Warrants and Public Warrants as required by agreements with the Sponsor, certain securityholders, the Series A Investors, and certain legacy investors in Intuitive Machines OpCo. |
15M | 170M |
| May 15, 2023 |
10-Q filing | 15.2M shares outstanding |
15M | 170M |
| Mar 31, 2023 |
S-1 filing: Registration of 4,691,812 shares of Class A common stock for potential offer and sale by CF Principal Investments LLC, including shares issuable under a committed equity facility and commitment shares. |
33M | 170M |
| Mar 31, 2023 |
S-1 filing: This prospectus relates to the resale from time to time of up to (i) 91,135,338 shares of class A common stock, (ii) 6,845,000 warrants to purchase Class A Common Stock, (iii) 1,450,000 public warrants and (iv) 23,332,500 shares of Class A Common Stock upon the exercise of outstanding Warrants. |
33M | 170M |
| Mar 31, 2023 |
10-K filing | 84.2M shares outstanding |
84M | 170M |
| Feb 14, 2023 |
POS AM filing: This POS AM filing discusses the authorization of the board of directors to issue preferred stock in one or more series, including blank check preferred stock, and to fix the powers, designations, preferences, and rights of such stock. |
33M | 41M |
| Feb 14, 2023 |
8-K filing: Intuitive Machines issued and sold 2,166,667 shares of Series A Preferred Stock and 541,667 Preferred Investor Warrants to the Series A Investors for aggregate consideration of $26,000,000 on February 13, 2023. ($52.0M proceeds) |
33M | 41M |
| Feb 10, 2023 |
8-K filing: Inflection Point Acquisition Corp. entered into Forward Purchase Agreements with Polar Multi-Strategy Master Fund and The HGC Fund LP for over-the-counter Equity Prepaid Forward Transactions, where each seller agreed to hold a maximum of 1,250,000 Class A ordinary shares of Inflection Point. |
33M | 41M |
| Nov 10, 2022 |
10-Q filing | 33.0M shares outstanding |
33M | 41M |
| Aug 12, 2022 |
10-Q filing | 33.0M shares outstanding |
33M | 41M |
| May 13, 2022 |
10-Q filing | 33.0M shares outstanding |
33M | 41M |
| Apr 14, 2022 |
10-K filing | 33.0M shares outstanding |
33M | 41M |
| Nov 15, 2021 |
10-Q filing | 33.0M shares outstanding |
33M | 41M |
| Nov 04, 2021 |
8-K filing: Inflection Point Acquisition Corp. consummated its initial public offering of 30,000,000 units at $10.00 per unit, generating gross proceeds of $300,000,000, and the underwriters exercised their over-allotment option in part, purchasing an additional 2,975,000 units for gross proceeds of $29,750,000; simultaneously with the IPO, the company completed a private sale of 6,250,000 warrants to Inflection Point Holdings LLC at $1.00 per warrant, generating gross proceeds of $6,250,000, and consummated a private sale of an additional 595,000 warrants to the Sponsor, generating gross proceeds of $595,000. ($336.6M proceeds) |
8.6M | 41M |
| Oct 01, 2021 |
8-K filing: Inflection Point Acquisition Corp. consummated its initial public offering of 30,000,000 units at $10.00 per Unit, generating gross proceeds of $300,000,000, and completed a private sale of 6,250,000 warrants to Inflection Point Holdings LLC at $1.00 per warrant, generating gross proceeds of $6,250,000. ($306.25M proceeds) |
8.6M | 41M |
| Sep 24, 2021 |
8-K filing: Inflection Point Acquisition Corp. consummated its initial public offering of 30,000,000 units at $10.00 per unit, generating gross proceeds of $300,000,000, and completed the private sale of 6,250,000 warrants to the Sponsor at $1.00 per warrant, generating gross proceeds of $6,250,000. ($306.25M proceeds) |
8.6M | 41M |
| Aug 20, 2021 |
S-1/A filing: Inflection Point Acquisition Corp. is offering 30,000,000 units at $10.00 per unit, with each unit consisting of one Class A ordinary share and one-half of one redeemable warrant. |
8.6M | 41M |
| May 07, 2021 |
S-1/A filing: This S-1/A filing registers 30,000,000 units at $10.00 per unit, each consisting of one Class A ordinary share and one-half of one redeemable warrant, along with 8,250,000 private placement warrants for $1.00 each, exercisable for Class A ordinary shares at $11.50 per share. |
8.6M | 53M |
| Mar 30, 2021 |
S-1/A filing: Inflection Point Acquisition Corp. is offering 30,000,000 units at $10.00 per unit, each unit consisting of one Class A ordinary share and one-third of one redeemable warrant, in an initial public offering. |
8.6M | 38M |
| Mar 26, 2021 |
S-1/A filing: This S-1/A filing details an initial public offering of units for a blank check company, Inflection Point Acquisition Corp, with each unit consisting of one Class A ordinary share and one-third of one redeemable warrant, and also describes a private placement of warrants and a forward purchase agreement. |
8.6M | 43M |
| Mar 19, 2021 |
S-1/A filing: Inflection Point Acquisition Corp. is offering 30,000,000 units at $10.00 per unit, each unit consisting of one Class A ordinary share and one-third of one redeemable warrant, as well as private placement warrants and forward purchase agreement. |
8.6M | 43M |
| Mar 05, 2021 |
S-1 filing: Inflection Point Acquisition Corp. is offering 30,000,000 units at $10.00 per unit, with each unit consisting of one Class A ordinary share and one-third of one redeemable warrant, in an initial public offering. |
38M | 43M |