Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 2021

Fair Value Disclosures [Abstract]

Schedule of fair value hierarchy of the valuation techniques

The Company’s financial assets and liabilities subject to fair value measurements on a recurring basis and the level of inputs used for such measurements were as follows (in thousands):

	Fair Value Measured as of June 30, 2021:
	Level 1		Level 2		Level 3		Total
Assets included in:
Money market funds included in cash and cash equivalents	$	957,794	$	—	$	—	$	957,794
Total fair value	$	957,794	$	—	$	—	$	957,794

	Fair Value Measured as of December 31, 2020:
	Level 1		Level 2		Level 3		Total
Assets included in:
Money market funds included in cash and cash equivalents	$	987,728	$	—	$	—	$	987,728
Total fair value	$	987,728	$	—	$	—	$	987,728
Liabilities included in:
Warrants liability	$	90,487	$	—	$	47,615	$	138,102
Total fair value	$	90,487	$	—	$	47,615	$	138,102

Schedule of The Reconciliation of Changes in Level 3

The reconciliation of changes in Level 3 during the six-months ended June 30, 2021 is as follows:

Balance as of December 31, 2020	$	47,615
Change in fair value		63,526
Cashless exercise of warrants		(111,141	)
Balance as of June 30, 2021	$	—