Gensler Flags Risks in SpaceX Debut

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."