4 days ago
The brokerage says it saw "record-breaking traffic."
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It looks for illustration trading level Robinhood whitethorn not person been afloat prepared for SpaceX IPO Day. Shortly aft shares of Elon Musk's rocketship/AI/social media institution began trading publicly, users started reporting issues pinch nan brokerage service, according to The Wall Street Journal.
Reports of disruptions spiked Friday greeting connected downdetetcor.com, a website that monitors work outages, peaking astatine much than 5,500 reports. There were besides galore reports of Robinhood crashing connected Reddit and X. In a station connected r/raceto10million, galore users said they were incapable to entree Robinhood astatine all, though immoderate said they were capable to spot orders for SPCX earlier nan app crashed.
Robinhood confirmed nan issues, which it described arsenic "intermittent," successful a station connected X. "Robinhood saw record-breaking postulation today," nan institution said. "As a result, immoderate customers knowledgeable latency and intermittent issues. Essential systems person recovered and our teams are intimately monitoring."
Robinhood saw record-breaking postulation today. As a result, immoderate customers knowledgeable latency and intermittent issues. Essential systems person recovered and our teams are intimately monitoring.
— Robinhood Help (@AskRobinhood) June 12, 2026
A look astatine nan replies, however, suggests that nan method problems are ongoing, astatine slightest for immoderate users. Robinhood didn't instantly respond to a petition for comment.
It's not nan first clip nan brokerage has struggled during a high-profile moment. The institution faced galore method issues during nan 2021 meme banal craze that was mostly fueled by unit traders connected Robinhood. A legislature study later revealed that executives and labor had struggled to support up pinch nan abrupt influx of caller users and nan monolithic spike successful trading volume.
