{"id":245939,"date":"2026-06-12T17:05:06","date_gmt":"2026-06-12T17:05:06","guid":{"rendered":"https:\/\/entertainment.runfyers.com\/index.php\/2026\/06\/12\/robinhood-sees-record-breaking-traffic-after-spacex-stock-debuts-techcrunch\/"},"modified":"2026-06-12T17:05:06","modified_gmt":"2026-06-12T17:05:06","slug":"robinhood-sees-record-breaking-traffic-after-spacex-stock-debuts-techcrunch","status":"publish","type":"post","link":"https:\/\/entertainment.runfyers.com\/index.php\/2026\/06\/12\/robinhood-sees-record-breaking-traffic-after-spacex-stock-debuts-techcrunch\/","title":{"rendered":"Robinhood sees &#8216;record-breaking&#8217; traffic after SpaceX stock debuts | TechCrunch"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p id=\"speakable-summary\" class=\"wp-block-paragraph\">Robinhood said it has seen \u201crecord-breaking\u201d traffic on its trading platform Friday in the hours after <a href=\"https:\/\/techcrunch.com\/2026\/06\/12\/spacex-ipo-live-updates-on-everything-you-need-to-know\/\" target=\"_blank\" rel=\"noopener\">SpaceX\u2019s historic public markets debut<\/a>.<\/p>\n<p class=\"wp-block-paragraph\">The company shared in <a href=\"https:\/\/x.com\/AskRobinhood\/status\/2065474359066607892\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">a post on X<\/a> that \u201csome customers experienced latency and intermittent issues\u201d with trading but that the platform quickly recovered.<\/p>\n<p class=\"wp-block-paragraph\">SpaceX\u2019s 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\u2019s valuation past $2 trillion \u2014 and making Elon Musk the world\u2019s first trillionaire. In just one hour, around 263 million shares have traded, <a href=\"https:\/\/www.nasdaq.com\/market-activity\/stocks\/spcx\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">according<\/a> to Nasdaq, representing around $42 billion worth of SpaceX stock changing hands.<\/p>\n<p class=\"wp-block-paragraph\">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.<\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/techcrunch.com\/2026\/06\/12\/robinhood-sees-record-breaking-traffic-after-spacex-stock-debuts\/\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Robinhood said it has seen \u201crecord-breaking\u201d traffic on its trading platform Friday in the hours after SpaceX\u2019s historic public markets debut. The company shared in a post on X that \u201csome customers experienced latency and intermittent issues\u201d with trading but that the platform quickly recovered. SpaceX\u2019s shares started trading on the Nasdaq stock exchange at [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":245940,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[],"class_list":{"0":"post-245939","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-tech"},"_links":{"self":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/245939","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/comments?post=245939"}],"version-history":[{"count":0,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/245939\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/media\/245940"}],"wp:attachment":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/media?parent=245939"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/categories?post=245939"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/tags?post=245939"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}