What is add link to text using span in HTML

<script type="text/javascript">
$(document).ready(function(){
$('td span').each(function(){
$(this).html("<a href='" + $(this).html() + "' />" +
$(this).html() + "</a>");
});
});
</script>
<span id="linkChange">http://domain.com</span>

var href = jQuery('#linkChange').html();
var link = "<a href='"+href+"' target='_blank'>"+href+"</a>";

jQuery('#linkChange').replaceWith(link);
<script type="text/javascript">

$('.convertableIdentifier').each(function(i, el) {

// grab the url and the link text
var url = $(el).html();

// create a new node with query by decorating a
// empty a tag
var newNode = $('<a></a>').attr('href', url).attr('target', '_blank').html(url);

// replace the current node with our new node
$(el).replaceWith(newNode);

});

</script>
<span>http://www.domain.com/about</span>
<a href="http://www.domain.com/about" target="_blank">http://www.domain.com/about</a>

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