‘I’m Like a SPAC—What the Hell Is That?’: Rap Explains Hot Finance Trend – The Wall Street Journal

The flashiest trend in finance has Wall Street tycoons, professional athletes and celebrities.

Now it also has a rap song.

Oakland, Calif., recording artist Cassius Cuvée released a music video about his experience investing in special-purpose acquisition companies, or SPACs, on YouTube earlier this month. Called “SPAC Dream,” it has more than 80,000 views. One Twitter booster: hedge-fund manager William Ackman, who last year created the largest SPAC ever and recently tweeted a link to the video, saying “Watch this.”

“I don’t know how many rappers with less than 500 followers have had their music videos shared by billionaires,” Mr. Cuvée said.

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