$10,000 in USA Rare Earth Stock at Its High Is Worth About $4,650 Today

USA Rare Earth (USAR) is a company that specializes in critical minerals. It became public through a merger with a special purpose acquisition company (SPAC) named Inflection Point Acquisition Corp. II in March of 2025. Following its debut, the stock experienced some volatility but reached a lifetime high in October of that same year.

This high was attributed to reports suggesting a potential partnership with the White House and rumors that the U.S. government might acquire a stake in the company. However, by January of 2026, USA Rare Earth announced that the U.S. government was indeed establishing a roughly 10% ownership stake in the company, with the possibility of expanding to 16% upon the exercise of warrants.

Despite this positive development, the stock price has since fallen significantly, down approximately 53.5% from its peak valuation. Therefore, an investment of $10,000 made in the stock at its peak valuation would now be worth around $4,650.