USA Rare Earth stock whipsaws after Trump-backed $1.6 billion plan — what investors watch next
USA Rare Earth shares rose about 8% to $26.72 in after-hours trading Monday after announcing a $277 million federal funding plan and $1.3 billion loan from the Commerce Department’s CHIPS Program. The company also secured $1.5 billion through a private investment in public equity. Trading volume reached 122 million shares. Reuters reported the Trump administration plans to acquire a 10% stake tied to a $1.6 billion deal.