Robinhood, SoFi Sidelined In SpaceX IPO? 'False,' Elon Musk Says

Tesla's Retail EngineTesla, Inc. (NASDAQ:TSLA) trades roughly 60 million shares a day. Retail participation across U.S. equities sits near 20%, but Tesla skews higher — closer to 25%.That implies roughly 15 million shares of daily retail volume.Now consider where that flow sits. Robinhood dominates high-frequency retail trading in names like Tesla, while SoFi continues to scale its app-first investor base. A combined ~35%–40% share of retail Tesla flow is a reasonable estimate.Do the math: that's roughly 5– ...