Bloomberg The Close
Gary Discusses High Valuation Markets with Bloomberg's Romaine Bostick & Katie Greifeld
Gary Gensler discusses recent big tech fund raising activity including this week’s largest ever foreign US IPO — the $26.5 billion raised by Korean memory chip company SK Hynix. This followed on the heels of Google’s $85 billion share sale and SpaceX’s IPO at a $1.8 trillion valuation. What does this tell us about the current AI investment boom? Might it be a sign about market valuations?
Watch Bloomberg’s full interview here to find out more: Gensler: Big Deals a Sign of ‘High-Valuation Market’