Here's What a $1,000 Bet on USA Rare Earth a Year Ago Looks Like Today
It's been difficult to stick with, but it's also been worth it for investors who can stomach the wild ride.
Overview
There's certainly no denying that the past year and a half has been an exciting time for USA Rare Earth (NASDAQ: USAR) and its shareholders.
After going public through a special purpose acquisition company (SPAC) deal in early 2025, it immediately ramped up the construction of its rare-earth magnet facility in Stillwater, Oklahoma, while simultaneously moving forward with the planning of its flagship mineral resource at Round Top, in Sierra Blanca, Texas, where tons -- figuratively and literally -- of rare-earth elements like gallium and yttrium are waiting to be dug up.
Details
Then, just a couple of months ago (as part of the CHIPS Act, meant to ensure the country isn't wholly dependent on other nations for critical technology and materials), the company finalized its developmental funding through the U.S. Department of Commerce.
Source
Originally published at www.fool.com.