USA Rare Earth Inc. (NASDAQ: USAR) experienced a 33% surge in its stock price after CEO Barbara Humpton confirmed discussions with the Trump administration. The stock closed at $22.71, with after-hours trading reaching $25 and pre-market trading on October 3, 2025, at $25.35. Humpton highlighted the company's pivotal role in the U.S. rare earth supply chain and its strategic coordination with the government. In addition, USA Rare Earth announced a $100 million acquisition of Britain's Less Common Metals, marking a significant step towards establishing domestic rare earth production for the first time in decades.