{
 "ticker": "MP",
 "name": "MP Materials",
 "url": "https://grantbishop.pages.dev/index/MP",
 "sells": "MP Materials mines and refines rare earths in California and makes magnets in Texas.",
 "why": "We follow it because its business sits among the companies that supply the minerals under computing and power.",
 "questions": [
  {
   "slug": "minerals",
   "question": "Who mines and refines the minerals under the build?",
   "url": "https://grantbishop.pages.dev/index/q/minerals"
  },
  {
   "slug": "space",
   "question": "Who launches, and who builds in orbit?",
   "url": "https://grantbishop.pages.dev/index/q/space"
  }
 ],
 "tests": [],
 "reports_next": null,
 "latest_disclosed": {
  "form": "10-Q",
  "filed": "2026-08-07",
  "period": "2026-06-30",
  "url": "https://www.sec.gov/Archives/edgar/data/1801368/000180136826000048/mp-20260630.htm"
 },
 "disclosed": [],
 "check": "Revised after a check against the company's own annual filing.",
 "log": [
  {
   "date": "2026-10-19",
   "note": "Entry rewritten in plain words: what the company sells, and why we follow it."
  },
  {
   "date": "2026-10-12",
   "note": "Verified against the 10-Q filed 2026-08-07 at launch."
  }
 ],
 "living_report": {
  "report": false,
  "last_revised": null,
  "next_disclosure": null,
  "timeline": [
   {
    "form": "10-Q",
    "filed": "2026-11-06",
    "period": "2026-09-30",
    "url": "https://www.sec.gov/Archives/edgar/data/1801368/000180136826000057/mp-20260930.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "8-K",
    "filed": "2026-11-05",
    "period": "2026-11-05",
    "url": "https://www.sec.gov/Archives/edgar/data/1801368/000180136826000056/mp-20261105.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "10-Q",
    "filed": "2026-08-07",
    "period": "2026-06-30",
    "url": "https://www.sec.gov/Archives/edgar/data/1801368/000180136826000048/mp-20260630.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "8-K",
    "filed": "2026-08-06",
    "period": "2026-08-06",
    "url": "https://www.sec.gov/Archives/edgar/data/1801368/000180136826000047/mp-20260806.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "8-K",
    "filed": "2026-06-10",
    "period": "2026-06-09",
    "url": "https://www.sec.gov/Archives/edgar/data/1801368/000180136826000035/mp-20260609.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "10-Q",
    "filed": "2026-05-08",
    "period": "2026-03-31",
    "url": "https://www.sec.gov/Archives/edgar/data/1801368/000180136826000029/mp-20260331.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "8-K",
    "filed": "2026-05-07",
    "period": "2026-05-07",
    "url": "https://www.sec.gov/Archives/edgar/data/1801368/000180136826000027/mp-20260507.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "10-K",
    "filed": "2026-02-26",
    "period": "2025-12-31",
    "url": "https://www.sec.gov/Archives/edgar/data/1801368/000180136826000008/mp-20251231.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "8-K",
    "filed": "2026-02-26",
    "period": "2026-02-26",
    "url": "https://www.sec.gov/Archives/edgar/data/1801368/000180136826000007/mp-20260226.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "8-K",
    "filed": "2025-11-19",
    "period": "2025-11-19",
    "url": "https://www.sec.gov/Archives/edgar/data/1801368/000119312525287046/d39340d8k.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "10-Q",
    "filed": "2025-11-07",
    "period": "2025-09-30",
    "url": "https://www.sec.gov/Archives/edgar/data/1801368/000180136825000054/mp-20250930.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "8-K",
    "filed": "2025-11-06",
    "period": "2025-11-06",
    "url": "https://www.sec.gov/Archives/edgar/data/1801368/000180136825000052/mp-20251106.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "8-K",
    "filed": "2025-10-17",
    "period": "2025-10-13",
    "url": "https://www.sec.gov/Archives/edgar/data/1801368/000180136825000048/mp-20251013.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "8-K",
    "filed": "2025-08-25",
    "period": "2025-08-25",
    "url": "https://www.sec.gov/Archives/edgar/data/1801368/000119312525187776/d15553d8k.htm",
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   },
   {
    "form": "8-K",
    "filed": "2025-08-15",
    "period": "2025-08-15",
    "url": "https://www.sec.gov/Archives/edgar/data/1801368/000119312525181948/d85366d8k.htm",
    "what_it_said": null,
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   },
   {
    "form": "10-Q",
    "filed": "2025-08-08",
    "period": "2025-06-30",
    "url": "https://www.sec.gov/Archives/edgar/data/1801368/000180136825000028/mp-20250630.htm",
    "what_it_said": null,
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   },
   {
    "form": "8-K",
    "filed": "2025-08-07",
    "period": "2025-08-07",
    "url": "https://www.sec.gov/Archives/edgar/data/1801368/000180136825000025/mp-20250807.htm",
    "what_it_said": null,
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   },
   {
    "form": "8-K",
    "filed": "2025-07-18",
    "period": "2025-07-18",
    "url": "https://www.sec.gov/Archives/edgar/data/1801368/000119312525161255/d923222d8k.htm",
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   },
   {
    "form": "8-K",
    "filed": "2025-07-15",
    "period": "2025-07-15",
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   },
   {
    "form": "8-K",
    "filed": "2025-07-10",
    "period": "2025-07-09",
    "url": "https://www.sec.gov/Archives/edgar/data/1801368/000119312525157310/d43796d8k.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "8-K",
    "filed": "2025-06-11",
    "period": "2025-06-10",
    "url": "https://www.sec.gov/Archives/edgar/data/1801368/000180136825000021/mp-20250610.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "10-Q",
    "filed": "2025-05-09",
    "period": "2025-03-31",
    "url": "https://www.sec.gov/Archives/edgar/data/1801368/000180136825000019/mp-20250331.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "8-K",
    "filed": "2025-05-08",
    "period": "2025-05-08",
    "url": "https://www.sec.gov/Archives/edgar/data/1801368/000180136825000017/mp-20250508.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "8-K",
    "filed": "2025-04-04",
    "period": "2025-04-04",
    "url": "https://www.sec.gov/Archives/edgar/data/1801368/000119312525073437/d927657d8k.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "10-K",
    "filed": "2025-02-28",
    "period": "2024-12-31",
    "url": "https://www.sec.gov/Archives/edgar/data/1801368/000180136825000009/mp-20241231.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "8-K",
    "filed": "2025-02-20",
    "period": "2025-02-20",
    "url": "https://www.sec.gov/Archives/edgar/data/1801368/000180136825000005/mp-20250220.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "8-K",
    "filed": "2025-01-22",
    "period": "2025-01-22",
    "url": "https://www.sec.gov/Archives/edgar/data/1801368/000162828025002096/mp-20250122.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "8-K",
    "filed": "2024-12-17",
    "period": "2024-12-16",
    "url": "https://www.sec.gov/Archives/edgar/data/1801368/000180136824000092/mp-20241216.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "8-K",
    "filed": "2024-12-10",
    "period": "2024-12-09",
    "url": "https://www.sec.gov/Archives/edgar/data/1801368/000119312524273726/d869456d8k.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "10-Q",
    "filed": "2024-11-08",
    "period": "2024-09-30",
    "url": "https://www.sec.gov/Archives/edgar/data/1801368/000180136824000087/mp-20240930.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "8-K",
    "filed": "2024-11-07",
    "period": "2024-11-07",
    "url": "https://www.sec.gov/Archives/edgar/data/1801368/000180136824000085/mp-20241107.htm",
    "what_it_said": null,
    "from_piece": null
   }
  ],
  "history": []
 },
 "market": {
  "rule": "Each figure is kept only where Massive and Yahoo agree on it to the cent; a figure they do not agree on is null. Dated, not live. The market value and the forward multiple are computed from the close.",
  "last_close": {
   "value": 37.75,
   "currency": "USD",
   "as_of": "2026-11-09",
   "providers": [
    "Massive",
    "Yahoo"
   ]
  },
  "day_range": {
   "low": 35.1,
   "high": 38.06,
   "currency": "USD",
   "as_of": "2026-11-09",
   "providers": [
    "Massive",
    "Yahoo"
   ]
  },
  "range_52_week": {
   "low": 31.9,
   "low_date": "2026-11-05",
   "high": 76.8,
   "high_date": "2026-05-08",
   "sessions": 251,
   "currency": "USD",
   "as_of": "2026-11-09",
   "providers": [
    "Massive",
    "Yahoo"
   ]
  },
  "market_value": {
   "value": 6729616094,
   "currency": "USD",
   "as_of": "2026-11-09",
   "computed": "the last close times the shares outstanding on the filing cover",
   "shares": {
    "count": 178267976,
    "as_of": "2026-10-30",
    "form": "10-Q",
    "filed": "2026-11-06",
    "url": "https://www.sec.gov/Archives/edgar/data/1801368/000180136826000057/"
   }
  },
  "forward_multiple": null,
  "checked_at": "2026-11-10 05:45:40"
 },
 "exhibits": null,
 "mentions": [],
 "note": "Prices on this page are dated market records, shown free during the preview, each confirmed by two independent data providers. None is a recommendation.",
 "license": "Free to cite with a link."
}