IPAX Stock Overview
Inflection Point Acquisition Corp. does not have significant operations.
Inflection Point Acquisition Corp. Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$9.82|
|52 Week High||US$9.90|
|52 Week Low||US$9.55|
|1 Month Change||0.92%|
|3 Month Change||1.34%|
|1 Year Change||n/a|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||1.76%|
Recent News & Updates
Intuitive Machines close to $1B SPAC merger - WSJ
Intuitive Machines is close to a merger with SPAC Inflection Point Acquisition (NASDAQ:IPAX) that would take the space-exploration startup public at a valuation that could be over $1 billion, The Wall Street Journal reported on Friday. Citing people familiar with the matter, the report said that a deal could be announced as soon as Friday. Based in Houston, Intuitive Machines provides data and technology, including small spacecraft and robots, to support lunar missions by the NASA and others. The potential merger comes at a time when both space-exploration startups and SPACs face downturns amid rising interest rates and the stock-market selloff. Shares of Virgin Galactic (SPCE), Astra Space (ASTR) and other publicly traded space companies have fallen lately.
|IPAX||US Capital Markets||US Market|
Return vs Industry: Insufficient data to determine how IPAX performed against the US Capital Markets industry.
Return vs Market: Insufficient data to determine how IPAX performed against the US Market.
|IPAX Average Weekly Movement||n/a|
|Capital Markets Industry Average Movement||0.5%|
|Market Average Movement||6.9%|
|10% most volatile stocks in US Market||15.7%|
|10% least volatile stocks in US Market||2.8%|
Stable Share Price: Insufficient data to determine IPAX's volatility over the past 3 months.
Volatility Over Time: Insufficient data to determine IPAX's volatility change over the past year.
About the Company
Inflection Point Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses in the consumer and technology industries. The company was incorporated in 2021 and is based in New York, New York.
Inflection Point Acquisition Corp. Fundamentals Summary
|IPAX fundamental statistics|
Is IPAX overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|IPAX income statement (TTM)|
|Cost of Revenue||US$0|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||-0.018|
|Net Profit Margin||0.00%|
How did IPAX perform over the long term?See historical performance and comparison