Can $10,000 in USA Rare Earth Stock Turn Into $30,000 by 2030?

USA Rare Earth (NASDAQ: USAR) went public in March through a merger with Inflection Point Acquisition Corp., a special purpose acquisition company (SPAC). Since market close on the day of the company's public debut, the company's share price has actually fallen 14% despite a gain of roughly 15% for the S&P 500 and a gain of 21% for the Nasdaq Composite across the stretch. On the other hand, USA Rare Earth's share price is up approximately 74% over the last three months of trading.USA Rare Earth has posted big gains over the past several months thanks to moves from the Trump administration designed to strengthen the U.S.'s abilities to produce rare-earth minerals domestically. China currently accounts for roughly 70% of the global rare-earth mineral supply, and the U.S.'s increasingly adversarial relationship with the country has increased the importance of finding other mineral sources. Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool