The brokerage says it noticed “record-breaking visitors.”
It seems to be like buying and selling platform Robinhood might not have been totally 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, based on The Wall Avenue Journal.
Studies of disruptions spiked Friday morning on downdetetcor.com, an internet 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 in a position to 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 at present,” the corporate mentioned. “Because of this, some clients skilled latency and intermittent points. Important methods have recovered and our groups are intently monitoring.”
Robinhood noticed record-breaking visitors at present. Because of this, some clients skilled latency and intermittent points. Important methods have recovered and our groups are intently monitoring.
— Robinhood Assist (@AskRobinhood) June 12, 2026
A have a look at the replies, nevertheless, means that the technical issues are ongoing, not less than for some customers. Robinhood did not instantly reply to a request for remark.
It is not 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 staff had struggled to maintain up with the sudden inflow of recent customers and the large spike in buying and selling quantity.
