The correct spelling of the name "Olexi" might be confusing at first, especially when it comes to its pronunciation. To avoid misunderstanding, let’s use the International Phonetic Alphabet (IPA) transcription. The first sound is the vowel "ɒ", followed by the consonant "l" pronounced as "l̩", followed by the "ɛ" sound, and then "ks" pronounced "ks". The final letter "i" is pronounced as "iː". Therefore, the correct spelling of the name is "Olexi" pronounced as /ˈɒlɛksiː/.