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SPAC King Chamath Palihapitiya Hails Rare Earth Play MP Materials As Stock Nears $100: One Of The Deals 'That Worked' - MP Materials (NYSE:MP)
MP MaterialsMP Materials(US:MP) Benzinga·2025-10-14 07:59

Billionaire investor Chamath Palihapitiya, often dubbed the “SPAC King,” recently celebrated a successful venture on X, highlighting MP Materials Corp. (NYSE:MP) as its stock price nears the $100 mark.SPAC Deal That Created ‘Largest Source Of Rare Earth’ Outside ChinaHis post lauded the rare earth mining company’s journey since its merger, noting it as “one of the few SPAC deals of that era that worked!”This triumph underscores MP Materials’ strategic importance, particularly its ties to the U.S. Department ...