The brokerage says it noticed “record-breaking visitors.”
It seems to be like buying and selling platform Robinhood could 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, in accordance with The Wall Avenue Journal.
Experiences of disruptions spiked Friday morning on downdetetcor.com, a web site that screens service outages, peaking at greater than 5,500 studies. There have been additionally quite a few studies of Robinhood crashing on Reddit and X. In a submit on r/raceto10million, quite a few customers mentioned they have been unable to entry Robinhood in any respect, although some mentioned they have been capable of place orders for SPCX earlier than the app crashed.
Robinhood confirmed the problems, which it described as “intermittent,” in a submit on X. “Robinhood noticed record-breaking visitors as we speak,” the corporate mentioned. “Because of this, some prospects skilled latency and intermittent points. Important programs have recovered and our groups are carefully monitoring.”
Robinhood noticed record-breaking visitors as we speak. Because of this, some prospects skilled latency and intermittent points. Important programs have recovered and our groups are carefully monitoring.
— Robinhood Assist (@AskRobinhood) June 12, 2026
A have 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 throughout the 2021 meme inventory 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 large spike in buying and selling quantity.
