DWAC up 8% in the last hour (live price link)
(finance.yahoo.com)
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That's my best guess.
Maybe some insiders know something but couldn't buy until the announcement. I don't know how this sort of thing works.
DWAC buying Twitter from Elon?
I like the idea, but the spike is a little small for that IMO and Elon is doing good work redpilling at Twitter and is best left to it for now perhaps.