computer-science
Robinhood sees ‘record-breaking’ traffic after SpaceX stock debuts
Key takeaways
- Robinhood said it has seen 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.
- Space X s shares started trading on the Nasdaq stock exchange at around 11:47 a.m.
Robinhood said it has seen 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.
Space X s shares started trading on the Nasdaq stock exchange at around 11:47 a.m. 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.
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