Investors may not have gotten as many shares of SpaceX from brokerage firms as they would have liked. There were some technical issues at Robinhood, however. A spokeswoman for Charles Schwab said that "the process went as anticipated, with an unprecedented number of clients requesting shares and all eligible clients who completed the affirmation process receiving at least a portion of their requested order."
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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.
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.
(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
Investing.com -- SpaceX begins trading on Nasdaq today under the ticker SPCX, targeting a valuation of approximately $1.75 trillion and seeking to raise $75 billion, more than 2.5 times the previous record set by Saudi Aramco (TADAWUL:2222) in 2019. The scale alone rewrites the record books. But the more interesting argument for "unique" runs deeper than the headline number.
ARK Investment Management sold shares in Teradyne, Twist Bioscience, Iridium Communications, and Robinhood Markets, among other companies.
Robinhood Markets (NASDAQ: HOOD) rose as much as 8% intraday on June 10. The rally followed a cluster of developments that landed one after the other, including a share purchase, a fresh regulatory milestone, and strong monthly trading data. Even so, Cathie Wood's ARK Invest sold its ...
Robinhood stock rallies on regulatory approval to operate as an IPO underwrite. Here’s why the announcement matters for HOOD shares.
Robinhood Markets (Nasdaq: HOOD) is a Menlo Park, California-based e-trading brokerage platform that is best-known for its stock, cryptocurrency, and tokenized stock offerings. Founded by Stanford graduates Vladimir Tenev and Baiju Bhatt in 2013, the exchange has become popular among retail ...
Robinhood shows it is at the forefront of innovation once again with approval to underwrite IPOs, today, June 10, 2026.
Robinhood Markets (NASDAQ: HOOD) jumped more than 8% during market hours on June 10, trading around $90 at press time. The rally followed a cluster of updates that landed in quick succession, spanning a major purchase, a fresh regulatory milestone, and strong monthly trading data. A regulatory ...
Retail investors who sell SpaceX IPO shares too quickly could lose access to future IPO allocations through brokers including Fidelity, SoFi, Robinhood, and E*Trade.
Ribbit Capital was an early backer of Robinhood, Coinbase, Nubank, Revolut, Affirm and other major fintech firms.
CEO Vlad Tenev announced that Robinhood Securities, a broker-dealer and clearing unit, has been “approved” to serve as an underwriter. It isn’t clear which regulatory body approved Robinhood, but Finra and the SEC oversee aspects of the IPO process. The move builds on the company’s current IPO offering that gives brokerage customers the ability to purchase shares of private companies going public.
This is important information if you plan to buy at the IPO.
There are various investment funds that hold pre-IPO shares of Elon Musk's rocket company; and plenty more will automatically buy the stock days after it goes public.
The SpaceX IPO is twice oversubscribed. Crypto users on Bybit and Kraken can subscribe to tokenized shares using USDC before June 11.
Cryptocurrency exchange Bybit announced on Saturday that it will enable investors to participate in the tokenized initial public offering linked to Elon Musk’s aerospace giant, SpaceX. Use USDC To Buy SpaceX The offering will be via Bybit IPO Express, a platform that lets users submit a subscription request for a tokenized representation of an IPO. Eligible users can sign up for the SpaceX IPO offering and submit subscription requests using supported cryptocurrencies, including USDC (CRYPTO: USD
SpaceX is allocating a sizeable portion of its available IPO shares to retail investors via select brokerages.
SpaceX is preparing for a historic stock market debut. Here's what to know about buying IPO shares, brokerage qualifications, allocation rules, and other ways to benefit.
SpaceX is preparing for a historic stock market debut. Here's what to know about buying IPO shares, brokerage qualifications, allocation rules, and other ways to benefit.
HOOD could ride SpaceX's IPO via IPO Access, drawing new users, deposits and cross-selling into Gold, options and retirement.
Historically, retail investors have the deck stacked against them with IPOs. 2026 isn’t any different.
Robinhood, SoFi Technologies and Webull stocks are headed lower despite two major catalysts, namely the elimination of the PDT rule and the upcoming SpaceX IPO.
The brokerage is once again putting retail investors at the front of a marquee offering. But the bigger story is what that access does for its platform.
On June 1, Strategy (NASDAQ: MSTR), formerly MicroStrategy, announced the sale of 32 Bitcoin (BTC) that it conducted last week. With 843,706 BTC on its balance sheet, the company is still the largest Bitcoin treasury company. But this instance was its first Bitcoin sale in years, sending ...
The brokerage giant is letting customers with as little as $2,000 in a trading account submit offers to buy SpaceX at the IPO price.