EconomyThe Tiny Magnet Maker That Attracted $1.6 Billion From Lutnick
USA Rare Earth, a small magnet maker, drew $1.6 billion in bets from Commerce Secretary Howard Lutnick and Cantor Fitzgerald, the firm he once ran. The investments focused on the company’s unproven assets.
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Bloomberg News★★☆☆☆2026-09-23 20:00Original
The Tiny Magnet Maker That Attracted $1.6 Billion From Lutnick
Economy