Robinhood traffic surges with SpaceX IPO

Robinhood experienced record-breaking user traffic on its trading platform following the highly anticipated public debut of SpaceX. The trading app acknowledged intermittent issues and latency for some customers due to the surge but confirmed the platform quickly recovered. SpaceX's shares began trading on the Nasdaq, immediately jumping approximately 11% and valuing the company over $2 trillion. This event also propelled Elon Musk to become the world's first trillionaire. In the first hour alone, a significant volume of SpaceX shares traded, indicating immense investor interest and market activity.