Michael  Blitzer net worth and biography

Michael Blitzer Biography and Net Worth

Director of Intuitive Machines

Mr. Blitzer serves as the Director of the Board of Directors of Intuitive Machines. Mr. Blitzer has been the co-Chief Executive Officer of Inflection Point Acquisition Corp. since February 2021 and a Director since January 2021.

As CEO of Inflection Point, Mr. Blitzer has targeted key areas of investment within the national security and defense sectors. In 2024, Inflection Point announced its acquisition of USA Rare Earth (NASDAQ: USAR), which is building a vertically integrated rare earth magnet supply chain in North America. USA Rare Earth is positioning itself as the first ex-China producer of rare earth magnets, ensuring a reliable supply of critical resources for the domestic technology, electric vehicle, and national defense markets. Mr. Blitzer will serve as Chairman of the Board of Directors of USA Rare Earth.

Prior to founding Inflection Point in 2021, Mr. Blitzer founded Kingstown Capital in 2006, an SEC registered investment advisor, and grew it to a multi-billion dollar asset manager with some of the world’s largest endowments and foundations as clients. Mr. Blitzer oversaw all of the firm's investing activities including significant investments across the technology, aerospace, and industrial/manufacturing industries.

Mr. Blitzer began his Wall Street career at J.P. Morgan Securities in 1999, advising companies globally in private debt and equity capital raises. He holds a B.S. in Industrial and Labor Relations from Cornell University, where he received the Cornell Tradition Fellowship and an MBA from Columbia Business School, where he was on the Executive Advisory Board of the Heilbrunn Center for Graham & Dodd Investing. He has also taught courses at Columbia Business School in Security Analysis and Investing as an Adjunct Professor from 2008-2013. Mr. Blitzer is a Trustee of Greens Farms Academy in Westport, CT where he is also the Treasurer and Chair of the Investment Committee.

What is Michael Blitzer's net worth?

The estimated net worth of Michael Blitzer is at least $8.58 million as of September 19th, 2024. Mr. Blitzer owns 1,062,865 shares of Intuitive Machines stock worth more than $8,577,321 as of March 29th. This net worth evaluation does not reflect any other investments that Mr. Blitzer may own. Learn More about Michael Blitzer's net worth.

How do I contact Michael Blitzer?

The corporate mailing address for Mr. Blitzer and other Intuitive Machines executives is 34 EAST 51ST STREET 5TH FLOOR, NEW YORK NY, 10022. Intuitive Machines can also be reached via phone at 281-520-3703 and via email at investors@intuitivemachines.com. Learn More on Michael Blitzer's contact information.

Has Michael Blitzer been buying or selling shares of Intuitive Machines?

Michael Blitzer has not been actively trading shares of Intuitive Machines in the last ninety days. Most recently, Michael Blitzer sold 662,673 shares of the business's stock in a transaction on Thursday, September 19th. The shares were sold at an average price of $8.19, for a transaction totalling $5,427,291.87. Following the completion of the sale, the director now directly owns 1,062,865 shares of the company's stock, valued at $8,704,864.35. Learn More on Michael Blitzer's trading history.

Who are Intuitive Machines' active insiders?

Intuitive Machines' insider roster includes Stephen Altemus (Co-founder, President, Chief Executive Offic), Michael Blitzer (Director), Kamal Ghaffarian (Director), and Steven Vontur (Chief Accounting Officer & Controller). Learn More on Intuitive Machines' active insiders.

Are insiders buying or selling shares of Intuitive Machines?

In the last year, insiders at the sold shares 29 times. They sold a total of 6,142,253 shares worth more than $54,127,378.83. The most recent insider tranaction occured on February, 11th when insider Steven Vontur sold 4,528 shares worth more than $88,748.80. Insiders at Intuitive Machines own 73.7% of the company. Learn More about insider trades at Intuitive Machines.

Information on this page was last updated on 2/11/2025.

Michael Blitzer Insider Trading History at Intuitive Machines

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Michael Blitzer Buying and Selling Activity at Intuitive Machines

This chart shows Michael Blitzer's buying and selling at Intuitive Machines by year and by quarter.

Skip ChartChart Data in Insider Trading History Table
2022202320242025$0bought$0soldQ1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1-$4M-$2M$0$2M$4MTotal Insider BuyingTotal Insider Selling

Intuitive Machines Company Overview

Intuitive Machines logo
Intuitive Machines, Inc. designs, manufactures, and operates space products and services in the United States. Its space systems and space infrastructure enable scientific and human exploration and utilization of lunar resources to support sustainable human presence on the moon. The company offers lunar access services, such µNova, lunar surface rover services, fixed lunar surface services, lunar orbit delivery services, rideshare delivery services to lunar orbit, as well as content sales and marketing sponsorships; and orbital services, including satellite delivery and rideshare, satellite servicing and refueling, space station servicing, satellite repositioning, and orbital debris removal. It also provides lunar data services, comprising Lunar data network, lunar south pole and far-side coverage, lunar positioning services, data relay, and data storage/caching. In addition, the company offers propulsion systems and navigation systems; engineering services contracts; lunar mobility vehicles, such as rovers and drones; power infrastructure that includes fission surface power; and human habitation systems. It serves its products to the U.S. government, commercial, and international customers. Intuitive Machines, Inc. was founded in 2013 and is headquartered in Houston, Texas.
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Today's Range

Now: $8.07
Low: $7.81
High: $8.40

50 Day Range

MA: $15.28
Low: $6.48
High: $23.07

2 Week Range

Now: $8.07
Low: $3.15
High: $24.95

Volume

7,242,922 shs

Average Volume

11,795,965 shs

Market Capitalization

$1.13 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

1.01