NET INCOME (LOSS) PER SHARE (Tables)

6 Months Ended

Jun. 30, 2024

Earnings Per Share [Abstract]

Schedule of Basic and Diluted Loss Per Share

The following table presents the calculation of basic and diluted income (loss) per share:

(in millions, except share and per share data)	Three Months Ended June 30,								Six Months Ended June 30,
	2023				2024				2023				2024
	Class A		Class B		Class A		Class B		Class A		Class B		Class A		Class B
Basic earnings per share (“EPS”):
Numerator
Net income (loss)	$	21	$	4	$	162	$	26	$	(417)	$	(69)	$	296	$	49
Net income (loss) attributable to common stockholders	$	21	$	4	$	162	$	26	$	(417)	$	(69)	$	296	$	49
Denominator
Weighted-average common shares outstanding - basic	777,563,804		127,421,059		757,466,271		123,610,353		773,416,723		127,560,322		753,481,841		124,716,174
Basic EPS	$	0.03	$	0.03	$	0.21	$	0.21	$	(0.54)	$	(0.54)	$	0.39	$	0.39
Diluted EPS:
Numerator
Net income (loss)	$	21	$	4	$	162	$	26	$	(417)	$	(69)	$	296	$	49
Reallocation of net income as a result of conversion of Class B to Class A common stock	4		—		26		—		—		—		49		—
Reallocation of net income to Class B common stock					—		(1)						—		(1)
Net income (loss) for diluted EPS	$	25	$	4	$	188	$	25	$	(417)	$	(69)	$	345	$	48
Denominator
Weighted-average common shares outstanding - basic	777,563,804		127,421,059		757,466,271		123,610,353		773,416,723		127,560,322		753,481,841		124,716,174
Dilutive effect of stock options and unvested shares	16,284,886		—		23,413,948		—		—		—		21,828,598		—
Conversion of Class B to Class A common stock	127,421,059		—		123,610,353		—		—		—		124,716,174		—
Weighted-average common shares outstanding - diluted	921,269,749		127,421,059		904,490,572		123,610,353		773,416,723		127,560,322		900,026,613		124,716,174
Diluted EPS	$	0.03	$	0.03	$	0.21	$	0.21	$	(0.54)	$	(0.54)	$	0.38	$	0.38

Schedule of Potential Common Shares Excluded from the Calculation of Diluted Net Income (Loss) Per Share

The following potential common shares were excluded from the calculation of diluted net income (loss) per share because their effect would have been anti-dilutive or issuance of such shares is contingent upon the satisfaction of certain conditions that were not satisfied by the end of the period:

	Three Months Ended June 30,		Six Months Ended June 30,
	2023	2024	2023	2024
Time-Based RSUs	21,854,966	903,985	54,800,356	1,861,749
Market-Based RSUs	22,130,926	16,137,131	22,707,254	16,137,131
Stock options	3,259,284	—	14,131,580	—
Warrants	14,278,034	14,278,034	14,278,034	14,278,034
Employee Stock Purchase Plan ("ESPP")	—	—	365,406	—
Total anti-dilutive securities	61,523,210	31,319,150	106,282,630	32,276,914