USA Rare Earth (USAR) stock jumps in premarket on report of $1.6 billion U.S. investment
USA Rare Earth shares jumped 38% to $34.20 in premarket trading after reports the Trump administration will take a 10% stake in the company as part of a $1.6 billion debt-and-equity deal. The funding, tied to the CHIPS Act, aims to support a U.S. rare earths mine and magnet plant. An official announcement is expected Monday. Investors await details on financing terms and possible share dilution.