JSFiddle - React, Tailwind, and code Playground
HTML
<p>This is going #right on the way</p>
JavaScript
var p = $("p");
var string = p.text();
p.html(string.replace(/#(\S*)/,'<a href="http://twitter.com/#!/search/$1">$1</a>'));
<p>This is going #right on the way</p>
var p = $("p");
var string = p.text();
p.html(string.replace(/#(\S*)/,'<a href="http://twitter.com/#!/search/$1">$1</a>'));