Gensler Flags Risks in SpaceX Debut

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Gary Gensler, former Chair of the Securities and Exchange Commission, says SpaceX’s blockbuster IPO is part of a new era of mega-IPOs, raising questions about valuation, governance and what future AI debuts could look like.

He also warns AI models could create a financial stability event and discusses the regulatory fight over prediction markets.

He speaks with Kailey Leinz on the late edition of Bloomberg’s "Balance of Power." (Source: Bloomberg)

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