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In The Media

SPAC King Jokes

by Larry Chiang on October 17, 2026


•  @ProBucks_ replies critically to the All-In Podcast episode, labeling hosts as “AI shills” defending a supposedly crashing sector amid discussions on CoreWeave’s debt selloff and AI valuations.

•  The sarcastic “SPAC King” reference targets co-host Chamath Palihapitiya, known for promoting multiple SPACs in 2020-2021 that later saw sharp declines for many investors.

•  The post taps into current market skepticism fueled by CoreWeave’s bonds hitting distressed levels with yields near 15% and credit default swap costs spiking on its $50 billion debt load in mid-October 2026.​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​

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