Mobix Labs Stock Soars 79% After Rare-Earth Deal Plan — Why MOBX Is Suddenly in the China Supply-Chain Fight
Mobix Labs Inc. jumped into the rare-earth supply chain on Thursday, announcing it had entered a non-binding letter of intent to buy Special Project Delivery LLC, a private U.S. group with a focus on rare earth elements, critical minerals, and energy storage. Shares in Mobix Labs finished the session up 78.74% at $3.11, with trading volume hitting 158.8 million shares, per the company’s delayed Nasdaq data from LSEG.