JOINT VENTURE - Schedule of Variable Interest Entities (Details) - USD ($) $ in Thousands		Dec. 31, 2025	Dec. 31, 2024
ASSETS
Cash and cash equivalents		$ 491,329	$ 55,930
Accounts receivable, net		29,819	15,360
Prepaid expenses and other current assets		26,541	11,461
Property and equipment, net		164,286	49,439
Operating lease right-of-use assets		18,164	8,167
Other assets		30,048	7,210
TOTAL ASSETS	[1]	1,050,454	247,596
LIABILITIES
Accounts payable		27,386	22,787
Operating lease liabilities		5,831	3,000
Accrued expenses and other current liabilities		75,472	39,594
Operating lease liabilities, non-current		13,336	6,205
Convertible notes, net		447,634	7,435
Embedded derivatives		0	2,723
Contract liabilities, non-current		7,899	2,762
TOTAL LIABILITIES	[1]	620,921	187,669
Variable Interest Entity, Primary Beneficiary
ASSETS
Cash and cash equivalents		54,610	17,808
Accounts receivable, net		10,003	0
Prepaid expenses and other current assets		17,790	2,716
Property and equipment, net		127,735	36,188
Operating lease right-of-use assets		64	140
Other assets		723	14
TOTAL ASSETS		210,925	56,866
LIABILITIES
Accounts payable		18,107	18,781
Operating lease liabilities		64	84
Accrued expenses and other current liabilities		15,898	5,414
Operating lease liabilities, non-current		0	56
Convertible notes, net		0	7,435
Embedded derivatives		0	2,723
Contract liabilities, non-current		9,003	0
TOTAL LIABILITIES		$ 43,072	$ 34,493

[1] Includes balances associated with a consolidated variable interest entity (“VIE”), including amounts reflected in “TOTAL ASSETS” that can only be used to settle obligations of the VIE as well as liabilities of the VIE reflected within “TOTAL LIABILITIES” for which creditors do not have recourse to the general credit of Voyager. Refer to Note 20, “Joint Ventures”, for additional information