Chamath Palihapitiya Rejoins SPAC Scene with New Venture
Chamath Palihapitiya, once a prominent figure in the SPAC industry, is returning with a new $250 million SPAC called American Exceptionalism Acquisition Corp., aiming to leverage his expertise and revive his presence in the post-crash SPAC market, which is currently experiencing a resurgence fueled by crypto and political connections.