[2019-latest] Container starts but not the server (Mac M2)

[isaacrpl7]

MacOS version: Tahoe 26.0.1
Chip: Apple silicon M2.

I was having the same issue before upgrading my macOS. The previous version was Sequoia 15.3.
When I run 2019-latest image, I only get the following logs:

SQL Server 2019 will run as non-root by default.
This container is running as user mssql.
To learn more visit https://go.microsoft.com/fwlink/?linkid=2099216.

It only starts the container, but does not start the mssql server inside it.
Until roughly the beginning of last week this used to work fine on my macOS.

Running it through the following command:

podman run -e "ACCEPT_EULA=Y" -e "SA_PASSWORD=SqlServer#4638" -p 1433 -d mcr.microsoft.com/mssql/server:2019-latest