Apple's $500 million investment in MP Materials is making headlines across the U.S. tech and defense sectors. In a bold move to boost American-made rare earth production, Apple is partnering with MP Materials—backed by a $400 million Pentagon deal—to reduce dependence on China. The deal includes new facilities in Texas and California to build rare earth magnets for Apple products. With rare earths being vital for electronics and national security, this major step is seen as a win for the Trump administration’s supply chain push. Meanwhile, MP stock soared 11% following the announcement, signaling investor confidence.