Robinhood stock slides as bitcoin drops and SpaceX IPO talk runs into a tech selloff
NEW YORK, Jan 29, 2026, 12:00 EST — Regular session Shares of Robinhood Markets dropped 3.4% to $99.88 by midday Thursday, sliding as low as $99.30. The decline came amid a bitcoin slump and tech sector selloff, overshadowing renewed buzz about a possible SpaceX IPO. The stock had closed at $103.40 the previous day.