Why is LUNR stock soaring?

LUNR stock is also known as Inflection Point Acquisition Corp, the stock is soaring and here is why.

Infection Point Acquisition Corp LUNR doubled today by as much has 116% and now the stock is up by another 22.3 percent in the after-hours.  LUNR is a consumer technology SPAC company and the company is yet to release any news on why their stock is doubling in price.

Intuitive Machines started trading on the stock exchange on February 14, 2023 and now it seems the stock is soaring for a hidden news. Also, this may be a short squeeze since there is not known news that may have signifies the reason for the stock price to double in prices. Tomorrow is another trading day and it may mean two things. Either LUNR stock continues to go higher or it can trade down if the stock is overbought.