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The Catalyst Is Coming. Here's Why Smart Investors Are Buying MP Materials Before the SpaceX IPO.
The Motley Fool·
MP Materials, which operates the only large-scale rare-earth mine in the U.S., could benefit from SpaceX's planned IPO on June 12 and its ambitious satellite expansion plans. SpaceX's application to launch a million satellites for AI applications would require rare-earth magnets used in satellite deployment and stabilization. While MP hasn't secured a SpaceX deal yet, the company's strategic importance to U.S. supply chain security and existing partnerships with Apple and General Motors position it as an attractive potential supplier.
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