# Robinhood Crashes During SpaceX IPO

Page: https://stenobird.com/podcast/business-finance-news-today-2-min-news-the-daily-news-now-7726192/robinhood-crashes-during-spacex-ipo
Text version: https://stenobird.com/podcast/business-finance-news-today-2-min-news-the-daily-news-now-7726192/robinhood-crashes-during-spacex-ipo.md
Podcast: [Business News Today | 2 Min News | The Daily News Now!](https://stenobird.com/podcast/business-finance-news-today-2-min-news-the-daily-news-now-7726192)
Published: 2026-06-12T17:58:01+00:00
Episode link: https://api.fastcast.ai/audio/a19ee455-ec59-4ab0-a9ef-59af37bfe7aa.mp3
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Duration seconds: 96

## Resource

SpaceX’s stock market debut sent shockwaves as shares jumped 11% to $150—until Robinhood crashed under the tidal wave of demand, triggering thousands of outages. While other brokers like Schwab and Fidelity handled the rush smoothly, Robinhood’s meltdown exposed a painful truth: even the most tech-savvy platforms can buckle when everyone rushes to buy the hottest stock. Support the show: Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN: advertise@thednn.ai This is an automated, high-level news summary based on public reporting. Report issues to feedback@thednn.ai. View sources & latest updates: https://sources.thednn.ai/5d431f003301dc5c

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## Transcript

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