US Stock Market Move | MP Materials (MP.US) surged over 10%, skyrocketing 263% since June.

On Thursday, MP Materials (MP.US) surged over 10%, up 263% since June, to $79.25. In terms of news, according to Reuters, four sources said that G7 members and the EU are considering pushing for rare earth production through price caps and imposing taxes on some Chinese exports to encourage investment. The company, as the only integrated rare earth mining and refining company in North America, received a $400 million investment from the Department of Defense in July 2025 to strengthen its strategic position.