Key Points
MP Materials (NYSE: MP) has experienced a significant increase in stock price, rising 263% in 2025, peaking at a 500% increase throughout the year. The company, which went public in November 2020, closed the last trading day of 2024 at $15.60 per share. Notably, an investment of $10,000 in MP Materials five years ago would be worth nearly $33,900 today.
In July 2025, the U.S. Department of Defense became the largest shareholder with a 15% stake, investing $400 million. The DOD will purchase all magnets produced at MP Materials’ new 10X facility for a decade and has also provided a $150 million loan. The company has a magnet supply agreement with Apple and plans to commence magnet production by the end of 2025.
