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Thiel-Backed Olympics Competitor Goes Public
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Thiel-Backed Olympics Competitor Goes Public

Bloomberg Tech · May 8, 2026, 6:09 PM

An Olympics-style sports event that welcomes performance-enhancing drugs is set for later this month in Las Vegas. The company behind that endeavor just went public in a merger with a blank-check company, a SPAC deal that valued it at $1.2 billion with backing from Peter Thiel and former Coinbase CT

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