Billionaire Chamath Palihapitiya SPAC Files for $250,000,000 IPO, Looking To Merge With DeFi, AI, Defense or Energy Firm

Billionaire venture capitalist Chamath Palihapitiya’s new blank-check company has filed for a $250 million initial public offering (IPO). A new S-1 registration statement filed with the U. S. Securities and Exchange Commission (SEC) indicates the new special purpose acquisition company (SPAC), American Exceptionalism Acquisition Corp source: https://dailyhodl.com/2025/08/20/billionaire-chamath-palihapitiya-spac-files-for-250000000-ipo-looking-to-merge-with-defi-ai-defense-or-energy-firm/