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Investing.com -- Robinhood experienced service disruptions on Friday as record-breaking traffic hit the platform during trading of SpaceX shares following the company’s initial public offering.
SpaceX just rewrote the IPO record book. The company sold more than 555 million shares at $135 each, raising $75 billion and landing a valuation of nearly $1.8 trillion. According to CNBC’s Melissa Lee, that places SpaceX as the seventh most valuable U.S. company, ahead of Tesla (NASDAQ:TSLA), and pushes Elon Musk to the edge ... SpaceX Raises Record $75 Billion in Historic IPO, Reaches $1.8 Trillion Valuation
Some users reported issues with Robinhood’s platform in the half hour or so after shares of SpaceX started trading. Reports of problems with the app started climbing around 11:40 a.m. in New York and were still rising around noon, according to the website DownDetector.
June 12 (Reuters) - Air India is looking to defer the delivery of hundreds of jets on order from Airbus and Boeing as it cuts costs, two people familiar with the matter said, confirming a Bloomberg
(Bloomberg) -- Robinhood Markets Inc. customers faced issues during the highly anticipated first minutes of SpaceX trading on Friday.Most Read from BloombergSpaceX IPO Raises $75 Billion in Biggest Debut of All TimeUS, Iran Edge Toward Interim Deal Signing Close to G7 Next WeekXbox Plans Significant Layoffs as New CEO Plans OverhaulTrump Insists Iran Deal Is Close After Scrapping New StrikesSpaceX Shares Indicated More Than 35% Higher on Gray MarketsRoughly 5,000 outages were reported as of 11:5
The total fee pool for SpaceX's IPO is around $500 million, or 0.7% of the $75 billion raised, according to a filing and people familiar with the matter. Lead banks Goldman Sachs and Morgan Stanley will take home the lion’s share of that, getting a combined 40% or around $100 million apiece.
Brazilian digital lender Nubank said on Friday it was aware of an erroneous message sent to customers claiming the firm was liquidated by the country's central bank, adding the incident resulted from an "one-time operational error." In a statement, Nubank, which is listed in New York under Nu Holdings, said the incident was under internal investigation, and did not affect clients' data protection. Earlier on Friday, dozens of customers reported receiving a message from the lender, via app and e-mail, saying the firm had been liquidated by Brazil's central bank.
Tesla stock rose on Friday after SpaceX went public.
Tesla stock recovered after initially sinking on Friday as SpaceX went public.
The IPO market is back, and it’s not the same companies leading the charge. FAANG had a good run, but a new acronym is taking over: MANGOS — Meta (or Microsoft, depending on who you ask), Anthropic, Nvidia, Google, OpenAI, and SpaceX. Half of that bunch is heading to public markets in the same window, and it’s a stress test for investors, for valuations, and for […]
SpaceX (SPCX) is finally off to the races and publicly trading after its historic IPO on Friday, June 12. Nasdaq (NDAQ) President Nelson Griggs sits down with Market Catalysts Host Julie Hyman and Yahoo Finance Executive Editor Brian Sozzi to discuss the lessons his company has learned from Facebook's — now Meta Platforms (META) — own IPO in 2012.
The S&P 500 has climbed to near-record highs despite growing concerns about valuations, AI spending, and signs of speculative behavior across parts of the market. The S&P 500 has rallied 8% year to date, after delivering double-digit gains in 2023, 2024, and 2025. Investors have recently ...
CEO Wendell Weeks remembers the dot-com crash and other hard times, and those lessons have taught him to hedge even the most optimistic data-center bets.
The rocket and satellite company raised $75 billion in the largest IPO ever, valuing SpaceX at $1.77 trillion at its offering price
Traders on the equities desks at Goldman Sachs and Morgan Stanley were wearing green shoes on Friday, a nod to the “green shoe” over-allotment option, according to people familiar with the matter. The idea came from Musk, one of the people said.
The SpaceX IPO has boosted Musk's paper wealth to more than $1,000,000,000,000 at a time when he is more hated -- and powerful -- than ever.
September 2008 - Falcon 1 launched successfully and becomes the first privately developed liquid-fuel rocket to reach Earth's orbit. December 2008 - SpaceX secures its first major contract with NASA to ferry cargo and supplies to the International Space Station. May 2012 - A Dragon capsule is taken to space by a Falcon 9 rocket, making it the first private spacecraft to dock at the ISS.
At $342.23, Arm Holdings (NASDAQ:ARM) appears fairly valued, with a more attractive entry point sitting at or below $310 on any macro-driven technical consolidation. The stock has become the cleanest pure-play on agentic AI infrastructure, but the round trip from $100 to $428 and back to the mid-$300s in six months argues for patience over ... Buy, Hold, or Sell: Arm Holdings Shed 25% to Clear the Air as the Warsh Fed Digs In. Is It a Buy at $342?
Dana (DAN) proposed merger with Eaton's (ETN) Mobility unit is a "transformative deal" that boosts i
Lossdog Founder & CEO Tom Sosnoff joins Yahoo Finance Executive Editor Brian Sozzi on Opening Bid to discuss the key things that make Elon Musk's SpaceX (SPCX) IPO a success, which investors stand to gain the most, and who will be left holding the bag.
Amdocs (DOX) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Cisco (CSCO) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Investors in BlackRock’s flagship private-credit fund asked to redeem a collective 13.3% of the fund’s shares in the second quarter, an increase from 9.3% in the previous period. BlackRock will repurchase 5% of the shares, it said in a letter Friday, sticking with the previously stated threshold and cashing out shareholders on a prorated basis. The higher requests are the latest evidence that the once-booming private-credit industry is still under investor pressure, following concerns about loan-losses, fraud and exposure to software companies that are looking vulnerable to artificial intelligence.
CarMax stock is in turnaround mode with a new CEO ahead of its upcoming earnings report, while AI investors await earnings from Jabil.
SpaceX’s record-shattering IPO shows investors are eager to write big checks to finance the artificial-intelligence buildout, according to Goldman Sachs President John Waldron. “The capital markets are demonstrating a willingness to finance these extraordinary companies as we build out this AI infrastructure,” said Waldron in an interview with Bloomberg TV.
Over the past six months, CVS Health has been a great trade, beating the S&P 500 by 20%. Its stock price has climbed to $100.39, representing a healthy 26.4% increase. This was partly thanks to its solid quarterly results, and the run-up might have investors contemplating their next move.
General Motors' (GM) energy storage business is underappreciated by investors, while its US tariff e
SpaceX began trading on the Nasdaq on June 12, 2026, under the ticker SPCX, raising $75 billion at a $1.75 trillion valuation in the largest IPO ever. Two days earlier, Franklin Templeton CEO Jenny Johnson sat down with CNBC's "Squawk Box" and described SpaceX as reflecting "the greatest ...
The writer is a non-executive director at the Department of Health and Social Care but is writing in a personal capacity In the pandemic of March...
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