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Elon Musk denied the reports that Robinhood Markets (HOOD) will be replaced by Robinhood Markets (SOFI) next year.
This rejection comes after fears are spreading that both media outlets may be targeted.
Concerns about access to retail came after the Reuters report
He reported in a Reuters report on March 30 that the E*trade company was in talks to sell six of its shares to small American investors.
The report added that SBIX is thinking about excluding Robinhood and will be thinking about excluding Robinhood and will be thinking about excluding Robinhood from the deal.
“It seems that the first public offering is the largest in history, but two of the biggest names in Wall Street may not get a part of it, Robin Hood, and they will be offering a person and a part of it. The company is thinking of eliminating them completely,” she claimed Reuters.
However, among the students from the mask to include Robin Hood in the service plan, the explanations were false.
Why do you consider Robin Hood important in this first public offering?
I informed Robinhood has 27.4 million paid customers until February 2026, with total platform assets of 314.
according to for the report According to BCG Matrix, the average age of its employees is 35 years old, making it a good middle ground for brokers who overlap significantly with the Tesla and SpaceX fan base.
It was reported that ServiceX discussed reserving up to 30% of the public offering for individuals, which is roughly three times the usual allocation of 5%-10%.
It can collect my public offering up to 75 billion dollars It is valued at 1.75 trillion dollars.
Shares of Robin Hood fell 2% after the original Reuters report. Both HOOD and SOFI have submitted bids for roles in the deal, where E*Trade and Fidelity are competing.
The correction of the speedy mask is consistent with the previous coverage that showed that the speedy design with the general coverage in it June 2026 is on track.
Whether or not Robin Hood will eventually play an official role in the distribution is still undecided. However, Mask’s statement indicates that he excluded platforms that are friendly for sale by mistake.
