The brokerage says it noticed “record-breaking visitors.”
It appears like buying and selling platform Robinhood might not have been absolutely ready for SpaceX IPO Day. Shortly after shares of Elon Musk’s rocketship/AI/social media firm started buying and selling publicly, customers began reporting points with the brokerage service, according to The Wall Avenue Journal.
Studies of disruptions spiked Friday morning on downdetetcor.com, a web site that displays service outages, peaking at greater than 5,500 reviews. There have been additionally quite a few reviews of Robinhood crashing on Reddit and X. In a put up on r/raceto10million, quite a few customers stated they had been unable to entry Robinhood in any respect, although some stated they had been in a position to place orders for SPCX earlier than the app crashed.
Robinhood confirmed the problems, which it described as “intermittent,” in a post on X. “Robinhood noticed record-breaking visitors right now,” the corporate stated. “Consequently, some clients skilled latency and intermittent points. Important techniques have recovered and our groups are carefully monitoring.”
Robinhood noticed record-breaking visitors right now. Consequently, some clients skilled latency and intermittent points. Important techniques have recovered and our groups are carefully monitoring.
— Robinhood Assist (@AskRobinhood) June 12, 2026
A take a look at the replies, nonetheless, means that the technical issues are ongoing, at the least for some customers. Robinhood did not instantly reply to a request for remark.
It isn’t the primary time the brokerage has struggled throughout a high-profile second. The corporate confronted quite a few technical points through the 2021 meme stock craze that was largely fueled by retail merchants on Robinhood. A congressional report later revealed that executives and workers had struggled to maintain up with the sudden inflow of latest customers and the huge spike in buying and selling quantity.
