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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 6,262,905 $ 614,412
Accounts receivable, net 3,148 260
Short-term investments 0 505
Inventory 127,250 1,043
Prepaid expenses 70,346 21,840
Other current assets 43,328 24,496
Total current assets 6,506,977 662,556
Property, plant and equipment, net 1,182,153 713,274
Right-of-use assets 161,974 0
Other noncurrent assets 30,609 26,851
TOTAL ASSETS 7,881,713 1,402,681
Current liabilities:    
Accounts payable 41,342 17,333
Accrued compensation 32,364 16,197
Finance lease liabilities, current portion 4,183 0
Other current liabilities 318,212 151,753
Total current liabilities 396,101 185,283
Convertible preferred stock warrant liability 0 2,960
Finance lease liabilities, net of current portion 6,083 0
Common stock warrant liability 1,394,808 0
Long-term debt 1,986,791 0
Other long-term liabilities 188,575 39,139
Total liabilities 3,972,358 227,382
Commitments and contingencies (Note 15)
CONVERTIBLE PREFERRED STOCK    
Convertible preferred stock, $0.0001 par value; 0 and 1,058,949,780 shares authorized as of December 31, 2021 and 2020, respectively; 0 and 957,159,704 shares issued and outstanding as of December 31, 2021 and 2020, respectively; liquidation preference of $0, and $3,497,913 as of December 31, 2021 and 2020, respectively 0 2,494,076
STOCKHOLDERS’ EQUITY (DEFICIT)    
Preferred stock, par value $0.0001; 10,000,000 and 0 shares authorized as of December 31, 2021 and 2020, respectively; no shares issued and outstanding as of December 31, 2021 and 2020, respectively 0 0
Common stock, par value $0.0001; 15,000,000,000 and 1,189,800,259 shares authorized as of December 31, 2021 and 2020, respectively; 1,648,413,415 and 28,791,702 shares issued and 1,647,555,590 and 28,791,702 outstanding as of December 31, 2021 and 2020, respectively 165 3
Additional paid-in capital 9,995,778 38,113
Treasury stock, at cost, 857,825 and 0 shares at December 31, 2021 and 2020, respectively (20,716) 0
Accumulated deficit (6,065,872) (1,356,893)
Total stockholders' equity (deficit) 3,909,355 (1,318,777)
TOTAL LIABILITIES, CONVERTIBLE PREFERRED STOCK AND STOCKHOLDERS’ EQUITY (DEFICIT) $ 7,881,713 $ 1,402,681