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Defense · DPA Title III

MP Materials Corp.

MPannounced 2025-07-10
Today's value
$1.72B(+42.5%)
from $400.0M announced on 2025-07-10
Stake size
15.00%
Agency
Defense
Program
DPA Title III

Today's value is computed as live market cap × stake %, refreshed hourly. A 100% stake-percentage move tracks the underlying share price exactly; the cash basis of the deal is unchanged.

Department of Defense becomes MP Materials' largest shareholder with 15% stake

Through a Defense Production Act Title III award, the Department of Defense took a 15% equity position in MP Materials — operator of the only US commercial rare-earth mine — making it the largest shareholder. The deal secures supply for missile, satellite, and EV magnet production.

Source