Grizzly Research Falls Short in Hit Piece Targeting MP Materials

Yesterday, Grizzly Research issued a glossy 27-page report entitled, “Rare Earth Shenanigans in Chamath Backed Company Will Likely Cost Investors Dearly.” A strong signal in evaluating the firm’s strategy with the report, is its call to celebrity, highlighting the name of Chamath Palihapitiya, the so called “King of SPACs,” who has been a recent leader […]

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MP Materials Shines

The Breakout Investor community was very encouraged by last night’ release of 1Q21 results for MP Materials (MP). The stock traded strongly aftermarket on news that Q1 revenues nearly tripled Y/Y to $59.9M; adjusted EBITDA jumped more than 6x to $33M. MP Materials’ business is engaged in integrated rare earth mining and processing. It owns […]

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