Trump urges magnets, spotlighting MP Materials and USA Rare Earth

President Donald Trump recently urged the American industrial base to “Do magnets,” placing a massive spotlight on a vulnerable U.S. supply chain and heavily backed domestic producers like MP Materials Corp. (NYSE: MP ) and USA Rare Earth Inc. (NASDAQ: USAR ).

Following explosive, politically driven stock rallies for legacy tech giants like Intel Corp. (NASDAQ: INTC ) and Dell Technologies Inc. (NYSE: DELL ), investors are now weighing whether these federally funded rare-earth companies are the market’s next breakout stars.

A Presidential Mandate to ‘Do Magnets’ Speaking at the Defense and Innovation Summit in Carlisle, Pennsylvania, on July 15, Trump delivered a clear directive to American enterprise. “Somebody out there, I hope you’re all brilliant people.

Magnets.

Do magnets,” he declared.

Pointing to the critical national security need for rare earth permanent magnets—a market currently dominated by Chinese manufacturing—he added, “Okay, I’ll tell you how to make money.

Do magnets… I guarantee it’s going to be a success.” Because Trump framed this as a sector-wide defense mandate rather than endorsing a single corporate ticker, market momentum naturally shifts to the established, pure-play entities scaling up to fill the supply gap.

Read Also: Trump Administration Now Holds Stakes In 5 Public Companies: Here's A List—INTC, MP, LAC And More Billions in Government Equity Unlike standard political endorsements, the federal government is backing its magnet push with unprecedented capital.

The Department of Defense has secured a 15% equity stake in MP Materials through a $400 million investment, while guaranteeing a 10-year offtake agreement and a price floor to protect the company’s Texas magnet facility.

Similarly, the administration is acquiring a 10% equity stake in USA Rare Earth as part of a sprawling $1.6 billion package to develop an Oklahoma magnet facility and a Texas mine.

These aggressive investments officially treat rare earth magnets as critical defense infrastructure.

Both companies are rapidly scaling their complex mine-to-magnet operations.

MP Materials extracts and purifies neodymium and praseodymium (NdPr), utilizing advanced powder metallurgy and Grain Boundary Diffusion at its Fort Worth, Texas, facility to manufacture powerful sintered NdFeB magnets.

Meanwhile, USA Rare Earth extracts heavy rare earths, processes them into specialized alloys, and produces finished sintered permanent magnets at its 310,000-square-foot plant in Stillwater, Oklahoma.

The INTC and DELL Playbook Traders are looking closely at how Trump’s recent interventions have moved markets.

In May 2026, Dell shares surged more than 12% to an all-time high after Trump explicitly urged the public to “go out and buy a Dell computer.” Earlier this year, the administration converted unpaid CHIPS Act grants into a $5.7 billion, 10% equity stake in Intel to rescue its foundry business, with Trump later boasting the Treasury made $3 billion in 90 days.

However, the ethics surrounding those tech rallies were murky, aided by public financial disclosures showing that Trump purchased between $1 million and $5 million in Dell shares shortly before his endorsement, and upwards of $5 million in Intel bonds right after the government’s stake was announced.

While Trump does not personally own MP or USAR stock, the government’s massive equity positions and his vocal demand that America “Do magnets” heavily signal that the lucrative “Trump Bump” has shifted from legacy tech to national defense.

How Have MP and USAR Performed In 2026? MP shares rose 8.95% year-to-date, declined 19.26% over the last year, and fell 0.54% over the last six months.

It closed 2.89% lower at $55.04 per share on Thursday, and it was 0.71% higher in overnight trading. ’s Edge Stock Rankings indicate that MP maintains a strong price trend in the short and medium terms but a weak trend in the long term.

USAR shares rose 43.78% year-to-date, 19.90% over the last year, and fell 0.70% over the last six months.

It closed 5.42% lower at $17.11 per share on Thursday, and it was 1.29% higher in overnight trading. ’s Edge Stock Rankings indicate that USAR maintains a weak price trend in the short, medium, and long terms.

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