Chamath launches new SPAC. Palantir 580x. Bitcoin $124k. IPOs +800%. Every signal says we’re closing to the peak.

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Chamath’s SPAC is back. Again. “American Exceptionalism Acquisition Corp.” just raised $250 million. No warrants. No rights. Only speculative heat. Founder shares vest only if the stock price jumps 50 percent. That is not discipline. That is bait.
https://www.newswire.lk/2025/08/19/chamath-palihapitiya-launches-new-spac-targeting-ai-and-energy/

Sam Altman’s warning barely registers. “Are we in a phase where investors as a whole are overexcited about AI? My opinion is yes.” He compares it to the dot-com bubble. He says OpenAI will spend trillions.
https://www.moneycontrol.com/technology/openai-ceo-sam-altman-warns-startups-of-ai-investment-bubble-article-13468857.html

Open Door ripped 245 percent in July. Meme traders piled in. Its CEO is under fire, and hedge funds want her out. “This rally is entirely volatility-based and social in nature.”
https://moneymorning.com/2025/08/15/dont-buy-opendoor-until-you-read-this/

Palantir now trades at a $437 billion market cap with a price-to-earnings ratio of 580. “Even minor disappointments can trigger sharp corrections,” Zacks warns.
https://www.zacks.com/stock/news/2735715/palantir-stocks-valuation-overstretched-or-rightfully-earned

Bitcoin is at $124,000. Ethereum near $4,800. Gold at $3,440. Housing at record highs. IPOs double in days. Figma up 140 percent. Masonglory 185 percent. Rich Sparkle Holdings surged 812 percent in three sessions.
https://www.unlock-bc.com/147173/summer-2025-btc-eth-ath/
https://www.cbsnews.com/news/what-will-happen-to-gold-prices-august-2025/
https://stockanalysis.com/ipos/2025/

These are not signs. These are sirens. SPACs return. Meme stocks rip. Crypto breaks records. IPOs explode. Palantir at 580 times earnings. Chamath launching another blank check. Altman warning of AI froth. Everyone chasing heat.

Nobody asks why fundamentals disappeared. Why risk is a joke. Why valuations do not matter. Why gold and housing spike while the Fed insists inflation is “contained.” Nobody asks why the same markers show up before every collapse.

The rot is here. You can see it.