Space exploration company Intuitive Machines soars 259% following SPAC merger as investors revive 2021 playbook

• Intuitive Machines soared as much as 259% on Wednesday in a move reminiscent of 2021's SPAC mania. 
• The space exploration company has soared as much as 1,260% since it completed its SPAC merger last week.
• Intuitive Machines is developing different services for space exploration has already won contracts with NASA.

Intuitive Machines stock soared as much as 259% on Wednesday as investors rush into the space exploration company and revive their 2021 trading playbook.

Since Intuitive Machines completed its $1 billion SPAC merger last week, the stock has soared as much as 1,260%.