Robinhood sees ‘record-breaking’ traffic after SpaceX stock debuts
Key takeaways
- The company shared in a post on X that “some customers experienced latency and intermittent issues” with trading, but that the platform quickly recovered.
- SpaceX’s shares started trading on the Nasdaq stock exchange at around 11:47 am ET.
- SpaceX only made about 4% of its shares available for trading in the IPO, putting it in a position for wild swings in its stock price as it begins life as a public company.
Robinhood sees ‘record-breaking’ traffic after Space X stock debuts Sean O'Kane Sat, June 13, 2026 at 12:05 AM GMT+7 1 min read SPCX HOOD A Space X Falcon 9 reusable rocket booster on display outside the company's facilities in Hawthorne, California, US, on Monday, April 13, 2026. | Image Credits:Ethan Swope/Bloomberg / Getty Images Robinhood said it has seen a “record-breaking” traffic on its trading platform Friday in the hours after Space X’s historic public markets debut.
The company shared in a post on X that “some customers experienced latency and intermittent issues” with trading, but that the platform quickly recovered.
SpaceX’s shares started trading on the Nasdaq stock exchange at around 11:47 am ET. Those shares immediately started trading up around 11%, pushing the company’s valuation past $2 trillion — and making Elon Musk the world’s first trillionaire. In just one hour, around 263 million shares have traded, according to Nasdaq, representing around $42 billion worth of SpaceX stock changing hands.