Joe Rogan’s podcast future is up in the air, and — for a few hours on Monday — so were the stock prices of some MAGA SPACs.
Shares in CF Acquisition Corp VI
CFVI,
soared as high as 39.7% in late-afternoon trading as investors began to ponder the possibility that the controversial comedian would accept an offer to take his show and his 11 million listeners from Spotify
SPOT,
— where he has come under attack for sharing COVID misinformation and past use of racial slurs — to online video platform Rumble, which is popular among conservatives loyal to Donald Trump.
Rumble announced in December that it planned to go public via a merger with CFVI to be completed in 2022, and retail investors in particular appeared eager to trade on Monday’s news.
The invite was tweeted out just…