**In Summary:**
Posted: 10:05 AM PDT on June 12, 2026. Robinhood reported “record-breaking” traffic on its trading platform Friday in the hours following SpaceX’s historic public markets debut. The company posted on X that some customers faced latency and intermittent trading issues, but said the platform recovered quickly. SpaceX shares began trading on the Nasdaq around 11:47 a.m. Elon Musk’s shares in the company began trading about 11% higher right away, driving its market value above $2 trillion and making him the world’s first trillionaire. In a single hour, roughly 11 million shares changed hands on Nasdaq, equivalent to about $42 billion in SpaceX stock. With only 4% of its shares made available in the IPO, the company is primed for extreme price volatility as it enters public markets.
