MP Materials Stock Surges 300% Amid U.S. Rare Earth Push
MP Materials (MP 3.74%) has skyrocketed 308% year-to-date through August 2025, fueled by a Pentagon partnership to build a second rare earth magnet facility. The "10X Facility" project taps into Washington's campaign to break China's 70% stranglehold on critical minerals for semiconductors and defense tech.
Rare earth metals underpin everything from F-35 fighter jets to Tesla motors, making MP's Nevada operations a geopolitical asset. But the stock's parabolic rise already prices in multibillion-dollar DoD contracts, leaving little margin for execution risks as capacity expands.