According to FT, prominent Silicon Valley investor Chamath Palihapitiya is launching a new SPAC (special purpose acquisition company) named American Exceptionalism Acquisition Corp., aiming to raise approximately $250 million through an IPO and will be listed on the New York Stock Exchange under the ticker symbol AEXA. This SPAC will focus on energy, artificial intelligence, Crypto Assets, as well as Decentralized Finance and the defense sector.

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