Robinhood Fills 855,424 SpaceX IPO Requests, Eyes $600M Prediction Market Revenue
HOOD•Robinhood filled 855,424 IPO Access requests for SpaceX shares, giving each applicant at least one share from its 27.7 million funded accounts. Bernstein projects Robinhood’s prediction market revenue jumping from $150 million in 2025 to $600 million this year thanks to World Cup trading and a Susquehanna joint venture.
1. SpaceX IPO Access Allocations
Robinhood’s IPO Access platform processed 855,424 customer requests for SpaceX shares, ensuring each applicant received at least one share. The platform reached this result from a pool of 27.7 million funded accounts, highlighting its ability to distribute high-demand IPO allocations to retail investors.
2. Prediction Markets Revenue Outlook
Bernstein forecasts Robinhood’s prediction market revenues will climb from $150 million last year to $600 million in 2026, driven by heightened trading volume during the 2026 World Cup. The launch of a joint venture with Susquehanna aims to support a competitive pricing strategy and expanded market share in event-based trading.
