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SpaceX IPO makes Musk world's first trillionaire

June 12, 2026 1:22 pm EST.
Elon Musk has become the world's first trillionaire, with his SpaceX company making its debut on Wall Street. Business Analyst Kris McCusker looks at what is so historic about this particular initial public offering.

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CityNews @ 6pm

The latest updates and breaking news, now available around the clock. Check back in with us at any time to find out what's happening, and always be the first to know. CityNews, Everywhere.

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Ticket resale companies added to Ontario's consumer beware list

SeatGeek and StubHub have been cited for violating new provincial legislation banning ticket resales above face value. As Mark McAllister reports, both say the government hasn’t provided clear guidance.

22m ago

3:07
What went right and wrong in Canada's opening World Cup match?

Canada managed a 1-1 draw against Bosnia and Herzegovina in the first World Cup match on Canadian soil. Alex Seixeiro discusses what went right and what needs fixing for Canada as they move forward in the tournament.

20m ago

2:33
The grieving mother of slain ETF officer calls her son "everyone's hero" in emotional post

For the first time we are hearing from family of the Toronto Police constable  killed in the line of duty. Shauna Hunt the emotional message from the mother of the slain ETF officer.

52m ago

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Footy fans descend upon Canada Soccer House

Harbourfront Centre is serving as the official Team Canada fan hub, and OMNI News reporter Rashmeen Rupal caught up with excited World Cup fans ahead of Friday's match.

2h ago

Live Streaming 24/7

Live now
CityNews @ 6pm

The latest updates and breaking news, now available around the clock. Check back in with us at any time to find out what's happening, and always be the first to know. CityNews, Everywhere.

Recommended Videos

2:37
Ticket resale companies added to Ontario's consumer beware list

SeatGeek and StubHub have been cited for violating new provincial legislation banning ticket resales above face value. As Mark McAllister reports, both say the government hasn’t provided clear guidance.

22m ago

3:07
What went right and wrong in Canada's opening World Cup match?

Canada managed a 1-1 draw against Bosnia and Herzegovina in the first World Cup match on Canadian soil. Alex Seixeiro discusses what went right and what needs fixing for Canada as they move forward in the tournament.

20m ago

2:33
The grieving mother of slain ETF officer calls her son "everyone's hero" in emotional post

For the first time we are hearing from family of the Toronto Police constable  killed in the line of duty. Shauna Hunt the emotional message from the mother of the slain ETF officer.

52m ago

1:40
Footy fans descend upon Canada Soccer House

Harbourfront Centre is serving as the official Team Canada fan hub, and OMNI News reporter Rashmeen Rupal caught up with excited World Cup fans ahead of Friday's match.

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The grieving mother of slain ETF officer calls her son "everyone's hero" in emotional post
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The grieving mother of slain ETF officer calls her son "everyone's hero" in emotional post

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Fans flock to Toronto Stadium for Canada's FIFA World Cup opener
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Fans flock to Toronto Stadium for Canada's FIFA World Cup opener

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Footy fans descend upon Canada Soccer House
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Canadian astronaut Jeremy Hansen reflects on historic moon mission
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Team Canada gets ready for World Cup opening match
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The TTCs new safety system uses announcements over the PA system to stop bad behaviour
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Team Canada prepares for 'dream' World Cup match on home soil
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Team Canada prepares for 'dream' World Cup match on home soil
Fans check out FIFA Fan Festival ahead of Canada's first World Cup match
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Fans check out FIFA Fan Festival ahead of Canada's first World Cup match

From Across Canada

Fans make their way to Toronto Stadium ahead of World Cup opener
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Fans make their way to Toronto Stadium ahead of World Cup opener

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New poll shows declining support for PM Carney

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Toronto Police Officer shot and killed in North York
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What are Canada's chances at the World Cup?
Questions loom over CUSMA negotiations
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Questions loom over CUSMA negotiations
Feds extend assault firearms amnesty
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Feds extend assault firearms amnesty
Bank of Canada holding interest rate at 2.25%
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Bank of Canada holding interest rate at 2.25%
Athlete overcomes childhood cancer to make Canada's World Cup roster
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Athlete overcomes childhood cancer to make Canada's World Cup roster
7 in 10 polled in Toronto, Vancouver say FIFA World Cup matches 'not worth public costs'
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7 in 10 polled in Toronto, Vancouver say FIFA World Cup matches 'not worth public costs'
Former Air Canada pilot accused of flying hundreds of flights with a counterfeit licence
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Former Air Canada pilot accused of flying hundreds of flights with a counterfeit licence
Israel strikes Lebanon as Iran warns tensions could return
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Israel strikes Lebanon as Iran warns tensions could return
Zelenskyy ​​​​​​​says Ukraine must be included in any Russia peace talks
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'Kids are dying': Libs ready to act against social media
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Federal government's Digital Safety Act expected to include under-16 social media ban
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Federal government's Digital Safety Act expected to include under-16 social media ban
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Deadly 7.8 magnitude Philippines earthquake kills at least 32, injures over 200
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Deadly 7.8 magnitude Philippines earthquake kills at least 32, injures over 200
Israel and Iran halt strikes after trading fire for the first time since April ceasefire
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Israel and Iran halt strikes after trading fire for the first time since April ceasefire
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Eligible Canadians to begin receiving grocery benefit payments
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Eligible Canadians to begin receiving grocery benefit payments
National AI strategy sparks criticism
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Around the Globe

SpaceX IPO makes Musk world's first trillionaire
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SpaceX IPO makes Musk world's first trillionaire

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El Nino arrives as wicked weather wallops U.S. Midwest
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Belfast Erupts in Violence After Violent Stabbing
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Belfast Erupts in Violence After Violent Stabbing
Israel investigates suspected terror attack, launches strikes on Lebanon
2:35

Israel investigates suspected terror attack, launches strikes on Lebanon
Jared Kushner-backed luxury resort stokes days of protests in Albania
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Jared Kushner-backed luxury resort stokes days of protests in Albania
UN warns that escalating violence in the DRC is complicating Ebola outbreak response
2:48

UN warns that escalating violence in the DRC is complicating Ebola outbreak response
Tehran launches strikes on Gulf Nations following U.S. attack on military sites
2:50

Tehran launches strikes on Gulf Nations following U.S. attack on military sites
NASA instructs astronauts to return to ISS following shelter order
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NASA instructs astronauts to return to ISS following shelter order
Putin rejects Zelenskyy's invitation to meet face-to-face
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Putin rejects Zelenskyy's invitation to meet face-to-face
'Inhumane': Concerns grow over conditions inside New Jersey ICE facility
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'Inhumane': Concerns grow over conditions inside New Jersey ICE facility
Russia launches massive overnight attack on Ukraine
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Russia launches massive overnight attack on Ukraine
Kenya's president defends U.S.-backed Ebola quarantine facility
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Kenya's president defends U.S.-backed Ebola quarantine facility
Secret drug trafficking tunnel linking Tijuana and San Diego uncovered
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U.S. police clash with protesters outside New Jersey ICE facility
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U.S. police clash with protesters outside New Jersey ICE facility
WHO chief reports five Ebola recoveries in Eastern Congo
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WHO chief reports five Ebola recoveries in Eastern Congo
4 villagers climb out of flooded cave in Laos, 2 still missing
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4 villagers climb out of flooded cave in Laos, 2 still missing
W.H.O. says Ebola outbreak in the DRC is 'outpacing response efforts'
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W.H.O. says Ebola outbreak in the DRC is 'outpacing response efforts'
Trump says U.S. naval blockade on Strait of Hormuz to be lifted
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Trump says U.S. naval blockade on Strait of Hormuz to be lifted
Roller coaster malfunction leaves riders hanging for hours in Texas
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Fans flock to Toronto Stadium for Canada’s FIFA World Cup opener

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