robinhood’s Archives - Citizen Watch Report

Robinhood built OpenAI and SpaceX tokens with no equity rights. CEO says it doesn’t matter. OpenAI rejects the deal. This is synthetic ownership rebranded as access. Robinhood’s version of “you will own nothing and you will be happy”

July 9, 2025 12:51 pm

Robinhood built OpenAI and SpaceX tokens with no equity rights. CEO says it doesn’t matter. OpenAI rejects the deal. This is synthetic ownership rebranded as access.

Robinhood’s giving away Bitcoin, offering 5% cashback, and pushing sub-6% mortgages. User growth is up. Margins are bleeding.

June 27, 2025 7:21 pm

Robinhood is growing fast and burning hotter. The company added 1.2 million funded accounts in Q1 2025, pushing its total to 26.4 million. Assets under custody hit $132 billion. Revenue climbed 34% year over year. But the cost of that …