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CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' DEFICIT - USD ($)
shares in Millions, $ in Millions
Total
Class A and Class B Common Stock
Additional Paid-In Capital
Accumulated Deficit
Accumulated Other Comprehensive Loss
Beginning balance (in shares) at Dec. 31, 2022   109      
Beginning balance at Dec. 31, 2022 $ (2,550) $ 0 $ 737 $ (3,280) $ (7)
Increase (Decrease) in Stockholders' Equity          
Net income (loss) (401)     (401)  
Other comprehensive (loss) income 2       2
Issuance of common stock upon vesting of RSUs (in shares)   4      
Equity-based compensation 338   338    
Premiums paid for capped calls (87)   (87)    
Ending balance (in shares) at Jun. 30, 2023   113      
Ending balance at Jun. 30, 2023 (2,698) $ 0 988 (3,681) (5)
Beginning balance (in shares) at Mar. 31, 2023   111      
Beginning balance at Mar. 31, 2023 (2,745) $ 0 894 (3,635) (4)
Increase (Decrease) in Stockholders' Equity          
Net income (loss) (46)     (46)  
Other comprehensive (loss) income (1)       (1)
Issuance of common stock upon vesting of RSUs (in shares)   2      
Equity-based compensation 181   181    
Premiums paid for capped calls (87)   (87)    
Ending balance (in shares) at Jun. 30, 2023   113      
Ending balance at Jun. 30, 2023 (2,698) $ 0 988 (3,681) (5)
Beginning balance (in shares) at Dec. 31, 2023   118      
Beginning balance at Dec. 31, 2023 (2,707) $ 0 1,316 (4,018) (5)
Increase (Decrease) in Stockholders' Equity          
Net income (loss) (290)     (290)  
Other comprehensive (loss) income 1       1
Issuance of common stock upon vesting of RSUs (in shares)   4      
Equity-based compensation 233   233    
Unwind of capped calls 3   3    
Ending balance (in shares) at Jun. 30, 2024   122      
Ending balance at Jun. 30, 2024 (2,760) $ 0 1,552 (4,308) (4)
Beginning balance (in shares) at Mar. 31, 2024   120      
Beginning balance at Mar. 31, 2024 (2,825) $ 0 1,446 (4,266) (5)
Increase (Decrease) in Stockholders' Equity          
Net income (loss) (42)     (42)  
Other comprehensive (loss) income 1       1
Issuance of common stock upon vesting of RSUs (in shares)   2      
Equity-based compensation 103   103    
Unwind of capped calls 3   3    
Ending balance (in shares) at Jun. 30, 2024   122      
Ending balance at Jun. 30, 2024 $ (2,760) $ 0 $ 1,552 $ (4,308) $ (4)