Cannot open Powershell from context menu

When I open Powershell from shift-right click menu, I get an error dialog showing “Explorer.EXE: Application not found”
Screenshot of the error dialog

This is on Windows 10

I recently installed Guitar Pro 8’s soundbank, and I found other posts about it but no solution: https://www.reddit.com/r/GuitarPro/comments/10k1jdz/guitar_pro_8_corrupting_the_windows_registry/ https://www.reddit.com/r/GuitarPro/comments/16t2zhg/powershell_stopped_working_after_installing_sound/

I checked the registry values for the shortcut and the command key looks fine:

powershell.exe -noexit -command Set-Location -literalPath '%V'

I’ve also made sure Powershell’s folder is in my PATH.

Any advice is greatly appreciated.

Thanks