Billionaire Chamath Palihapitiya Returns to the SPAC Market Again

According to a report by Jinse Finance, citing market news from @TheDailyHodl, billionaire Chamath Palihapitiya, known as the "SPAC King," is making a return to the SPAC market with the launch of a new SPAC, American Exceptionalism Acquisition Corp. The company plans to raise $250 million through an IPO, targeting mergers and acquisitions in key sectors such as artificial intelligence (AI), energy, decentralized finance (DeFi), and defense.