economy
Robinhood sees 'record-breaking' traffic after SpaceX stock debuts
The trading platform says some customers experienced intermittent disruptions, but those issues have resolved.
TL;DR
- Robinhood reported record-breaking traffic on its platform after SpaceX's IPO.
- Some customers experienced temporary latency and intermittent issues on Robinhood.
- SpaceX's shares began trading on the Nasdaq, increasing the company's valuation past $2 trillion.
- Elon Musk became the world's first trillionaire following the stock's performance.
- Approximately 263 million shares of SpaceX traded in the first hour, valued at $42 billion.
- Only about 4% of SpaceX's shares were available for trading in the IPO.