Prediction: Chamath Palihapitiya's $250 Million SPAC Could Create the Next Palantir for America's Energy Grid

Chamath Palihapitiya is launching a $250 million SPAC, called American Exceptionalism Acquisition Corp.Remember when special purpose acquisition companies (SPACs) dominated Wall Street headlines just a few years ago?At the center of the frenzy was Chamath Palihapitiya -- better known on Wall Street as the "SPAC king". A former executive at AOL and Meta Platforms turned billionaire venture capitalist (VC), Palihapitiya made his name taking bold bets on disruptive companies.For a while, SPACs seemed to fade q ...