USA Rare Earth jumps 21% on U.S. government equity stake, $1.6 billion funding offer

USA Rare Earth stock shot up 21% on Monday after the company said the U.S. Department of Commerce would take an ownership stake. The deal comes with a $1.3 billion loan and $277 million in federal support. It’s a major bet from Donald Trump’s administration, which is pushing hard to kick China out of the […]