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Some users of Robinhood reported outages Friday afternoon as shares of SpaceX began trading. According to Downdetector, an online monitoring platform, user complaints spiked past 4,000 reports around noon.
Shares of SpaceX (NASDAQ:SPCX) are up 26% in midday trading Friday after the company completed the largest IPO in history. SPCX stock traded near $170, well above the $150 open and the $135 IPO price set Thursday night.
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The IPO is just the first of the triumvirate of AI leaders — yes, SpaceX owns xAI, surely a large part of SpaceX’s valuation. OpenAI filed confidentially for its IPO as it promised its “superapp” is coming,
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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 trading publicly, users started reporting issues with the brokerage service,
