Investors May Not Want to Chase the Rumble SPAC Momentum


The Rumble SPAC, CF Acquisition Corp. (CFVI) is soaring.

Just yesterday, CFVI was up about 43% after offering Joe Rogan $100 million to bring his shows to Rumble from Spotify.

In fact, in a letter from Rumble CEO Chris Pavlovski to Joe Rogan, “We stand with you, your guests, and your legion of fans in desire for real conversation. So, we’d like to offer you 100 million reasons to make the world a better place. How about you bring all your shows to Rumble, both old and new, with no censorship, for 100 million bucks over four years?
This is our chance to save the world. And yes, this is totally legit.”

However, Joe may not go.

That’s because Spotify CEO Daniel Elk, as noted by Business Insider, has no intention of removing him from the program. “I do not believe that silencing Joe is the answer,” he said. We should have clear lines around content and take action when they are crossed, but canceling voices is a slippery slope.”


If that’s the case, CFVI could come down just as fast as it went up.

And, Spotify (SPOT) – which slipped from $250 to $155.57 – could recover some lost ground.