It answers the question: what does "spinor" have to do with "spin"? How does "spinor" turn into "spin"? Ohanian tells us that, when the spinor is coupled to momentum and mass as in the Dirac equation, then this coupling causes the wave to have an automatic self-rotation characteristic even when we are supposed to have something "sitting still". That self-rotation orbital angular momentum is the spin, and it is the magnetic moment.
Outside of fundamental particle physics, we have the "2D Dirac materials" in which the wave motions happen far slower than the speed of light yet they impart an emergent spin onto the electron. When waves move on a honeycomb lattice, for certain special regions of momentum space we get an effective spinor out of the A and B sublattices, coupled to momentum. When the A and B sublattices differ (as in a layer of MoS$_2$) then this introduces a 'Dirac mass' term. It is often thought that this 2D Dirac equation is merely a fun mathematical analogue without further physical meaning but no: the Dirac equation has no choice but to produce self-rotation in the waves, turning that effective spinor into a real 2D spin with angular momentum and significant magnetic moment. See these refs: