US stock market anomaly | Apple plans to invest $500 million in MP Materials (MP.US), which surges by over 20% and has shot up by 77% this month.

According to the Wisdom Financial APP, on Tuesday, American rare earth producer MP Materials (MP.US) surged over 20%, with a 77% increase for the month, reaching $58.85. In terms of news, sources revealed that Apple (AAPL.US) plans to invest $500 million in the only operating rare earth company in the United States, MP Materials. According to the agreement, Apple will purchase rare earth magnets produced in the United States from MP Materials' Texas factory, and plans to co-build two new facilities: a magnet manufacturing base in Fort Worth, Texas, and an electronic waste recycling center in Mountain Pass, California, with the latter using recycled materials for future Apple product manufacturing.