Silicon Valley investor Chamath Palihapitiya has filed documents with the SEC for a new special purpose acquisition company, this time mainly focused on energy, AI, decentralized finance and defense.
Palihapitiya, dubbed by many in the industry as the “SPAC King,” was early in promoting SPACs as an IPO alternative. He was eventually criticized for helping usher in a flood of capital and deals that fared poorly. READ MORE