Reports indicate that Robinhood is in talks to obtain a large allocation of SpaceX stock that it would distribute through its IPO Access platform — a feature designed to let users buy IPO shares ahead of public trading. Meanwhile, it is worth noting that the firm prefers to offer the shares through the Musk-led aerospace firm’s IPO Access platform. This is because the platform will enable users to buy stock at the IPO price before it begins trading in the open market. They acknowledged that this move illustrated the retail trading app’s influence on Wall Street over the past ten years with its mobile-first, commission-free trading model. Robinhood’s CEO calls for improved regulatory clarity while SpaceX IPO nearsEarlier, a report from a reliable source hinted at the possibility of an IPO for SpaceX, citing Musk’s suggestion of setting the timing.