Ultra‐lightweight materials often face the formidable challenge of balancing their low density, high porosity, high mechanical stiffness, high thermal and environmental stability, and low thermal conductivity. This study introduces an innovative method for synthesizing high‐performance polymer aerogels to address the challenge. Specifically, we detail the production of poly (2,5‐dihydroxy‐1,4‐phenylene pyridine diimidazole) (PIPD or M5) aerogels. This process involves chemically stripping M5 “super” fibers into nanofibers, undergoing a Sol‐Gel transition, followed by freeze‐drying and subsequent thermal annealing. The M5 aerogels excel beyond existing polymer aerogels, boasting an ultralight density of 6.03 mg cm−3, superior thermal insulation with thermal conductivity at 32 mW m−1 K−1, inherent flame retardancy (LOI=50.3 %), 80 % compression resilience, a high specific surface area of 462.1 m2 g−1, and outstanding thermal stability up to 463 °C. These multi‐faceted properties position the M5 aerogel as a front‐runner in lightweight insulation materials, demonstrating the strategic use of high‐performance polymer assembly units in aerogel design.