Stardust Power Soars 7.77% on $4.3M Offering for Lithium Facility

On June 20, 2025, Stardust Power's stock surged by 7.77% in pre-market trading, marking a significant rise in investor interest and confidence in the company's recent developments.

Stardust Power Inc. recently closed a $4.3 million public offering, which is set to fund the completion of a Definitive Feasibility Study for their proposed lithium processing facility in Muskogee, Oklahoma. This facility is a key component of the company's strategy to expand its presence in the lithium processing sector, a critical area given the growing demand for lithium in the renewable energy and electric vehicle markets.

The successful completion of this offering underscores the company's ability to secure substantial funding, which is crucial for advancing its strategic initiatives. The funds will be used to conduct comprehensive feasibility studies, ensuring that the project is viable and aligns with the company's long-term goals. This move is expected to enhance Stardust Power's operational capabilities and market position, potentially driving further growth and investor interest.