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USA Rare Earth

USA Rare Earth

Public
Stillwater, OklahomaEnergyhttps://usare.com

USA Rare Earth is now publicly traded

The data on this page reflects USA Rare Earth's private-market history up to the point it went public, including its funding rounds, valuation, and investors.

Last Round

Debt

Jun 3, 2026

Total Funding Raised

$3.38B

Company Overview

USA Rare Earth operates in Energy and is based in Stillwater, Oklahoma. It has raised $3.38B.

USA Rare Earth is a mining and manufacturing company that operates a fully integrated magnet technology platform, providing critical heavy rare earth elements and high-tech metals to support energy, mobility, and national security.

Sector

Energy

AI Layer

Non-AI

USA Rare Earth Comparables

Compare USA Rare Earth with similar companies based on industry and business-model similarity.

USA Rare Earth comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
MP Materials Corp.
90%
Noveon Magnetics
83%
Neo Performance Materials Inc.
81%
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USA Rare Earth Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
DebtJun 3, 2026
GrantJun 3, 2026
PIPEJan 29, 2026
PIPESep 29, 2025
PIPEMay 2, 2025
PIPE
Mar 13, 2025
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Key People

Founding team and executive leadership

Rob Steele

Chief Financial Officer

Executive Team

Steve Ridge

Chief Operating Officer

Executive Team

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USA Rare Earth Investors

Notable investors and investment history

USA Rare Earth investors
InvestorRounds
Inflection Point Acquisition Corp. IIPIPE
Bayshore CapitalGrowth Equity, Series C
Inflection Point Acquisition Corp.PIPE
Green Sands EquitySeries C
U.S. Department of CommerceDebt, Grant

Recent news

Latest coverage and updates

  • has_revenueNov 11, 2026

    USA Rare Earth, Inc. delivers $3 million in Q3 '26 revenue, below the $13.6M analyst consensus, on Nov 9th '26.

  • has_issues_withNov 9, 2026

    In Nov '26, USA Rare Earth, Inc. has issues with dysprosium oxide and samarium metal shortages that limit production and constrain Q3 results.

  • has_revenueNov 9, 2026

    For Q3, USA Rare Earth, Inc. records $3M in revenue, compared with no revenue in 2025.

  • has_earningsNov 9, 2026

    USA Rare Earth, Inc. reports $12M in net income attributable to the company for Q3 '26, driven by a $137 million non-cash fair-value gain on warrant and earnout liabilities.

  • has_issues_withNov 9, 2026

    On Nov 9th '26, USA Rare Earth, Inc. faces dysprosium oxide and samarium metal shortages that constrain third-quarter production and contribute to $3 million in revenue, while executives plan to ramp up rare earth output and expand magnet manufacturing in 2027.

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USA Rare Earth Filings

Explore SEC and related filing metadata, where available.

USA Rare Earth filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Firmographic Details

HeadquartersStillwater, Oklahoma
Employee Range98
Year Founded2019
Last FundingJun 3, 2026

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