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The Return of the SPAC King: Chamath Palihapitiya’s AEXA and the New Institutional Guard
In a move that signals a significant shift in the landscape of blank-check companies, venture capitalist Chamath Palihapitiya has returned to the public markets with his latest vehicle, the American Exceptionalism Acquisition Corporation (AEXA). However, this launch comes with a stark departure from the "democratization of finance" rhetoric that characterized the SPAC boom of 2020 […]
