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The Musk effect: Tweets fire up Bitcoin, Shopify and CD Projekt

Recipients of Musk's touts include Polish video-game maker CD Projekt, and online marketplace Etsy.

Elon Musk
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Elon Musk

Agencies
Elon Musk is making headlines again for his Twitter use, with Bitcoin, Shopify, and CD Projekt being the latest beneficiaries.
 
The Tesla  billionaire late Thursday tweeted that Shopify, e-commerce software company, was “great” in response to another user’s comment, sending Shopify’s stock up as much as 3.5 per cent in late trading in New York. In early Friday trade, however, the stock was around 1 per cent down.
 
Musk has boosted the shares of at least a half-a-dozen companies this month after posting on Twitter, where the Tesla CEO has more than 43 million followers. Recipients of Musk’s