The brokerage says it saw “record-breaking traffic.”
It looks like trading platform Robinhood may not have been fully prepared for SpaceX IPO day. Shortly after shares of Elon Musk’s rocketship/AI/social media company began publicly trading, users began reporting problems with the brokerage service. wall street journal.
Reports of disruptions rose sharply on Friday morning, reaching more than 5,500 reports on Downdatescore.com, a website that tracks service disruptions. reddit and
Robinhood confirmed the issues in a post on X, which it described as “intermittent.” “Robinhood saw record-breaking traffic today,” the company said. “As a result, some customers experienced latency and intermittent issues. Essential systems have been repaired and our teams are monitoring closely.”
Robinhood saw record breaking traffic today. As a result, some customers experienced latency and intermittent issues. Essential systems have been restored and our teams are monitoring closely.
— Robinhood Help (@AskRobinhood) June 12, 2026
However, a look at the replies shows that technical issues continue, at least for some users. Robinhood did not immediately respond to a request for comment.
This isn’t the first time the brokerage has struggled during a high-profile moment. The company faced several technical issues during the 2021 meme stock craze, which was largely fueled by retail traders on Robinhood. A congressional report later revealed that executives and staff struggled to keep up with the sudden influx of new users and a huge increase in trading volumes.
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