Broken elf header incorrectly identified as missing file

On zsh 5.9 (x86_64-ubuntu-linux-gnu)

To reproduce:
1. Create a malformed elf binary by deleting everything past part way
through the file (a broken binary that triggers the bug is attached)
2. Make the binary executable
3. Attempt to run the binary with ./b.out
4. Observe that the file is incorrectly identified as not existing, when
the actual issue is a broken elf header

Bash returns the correct error message, but several other shells return the
same wrong error.