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CONSOLIDATED STATEMENTS OF CONVERTIBLE PREFERRED STOCK AND STOCKHOLDERS’ EQUITY (DEFICIT) - USD ($)
$ in Thousands
Total
At-the-Market Offering
Subscription Agreement
Series B
Series C
Series D
Series E
Common Stock
Common Stock
At-the-Market Offering
Common Stock
Subscription Agreement
Additional Paid-In Capital
Additional Paid-In Capital
At-the-Market Offering
Additional Paid-In Capital
Subscription Agreement
Treasury Stock
Accumulated Other Comprehensive Loss
Accumulated Deficit
Preferred stock, beginning balance (in shares) at Dec. 31, 2019 [1] 502,582,534                              
Preferred stock, beginning balance at Dec. 31, 2019 $ 1,074,010                              
Increase (Decrease) in Temporary Equity [Roll Forward]                                
Extinguishment and reclassification of Series B convertible preferred stock       $ (4,000)                        
Repurchase of convertible preferred stock (in shares) [1]         (11,507,389)                      
Repurchase of Series C convertible preferred stock         $ (24,885)                      
Issuance of convertible preferred shares (in shares) [1]           164,992,213 301,092,346                  
Issuance of convertible preferred shares           $ 400,000 $ 898,932                  
Settlement of Series D contingent forward contract liability           $ 39,563 $ 110,456                  
Preferred stock, ending balance (in shares) at Dec. 31, 2020 [1] 957,159,704                              
Preferred stock, ending balance at Dec. 31, 2020 $ 2,494,076                              
Beginning balance (in shares) at Dec. 31, 2019 [1]               21,288,741                
Beginning balance at Dec. 31, 2019 (621,080)             $ 2     $ 16,431     $ 0 $ 0 $ (637,513)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                
Net loss (719,380)                             (719,380)
Extinguishment and reclassification of Series B convertible preferred stock 1,000                   1,000          
Net unrealized losses on investments, net of tax 0                              
Repurchase of Series C convertible preferred stock 12,784                   12,784          
Issuance of common stock upon exercise of stock options (in shares) [1]               7,502,961                
Issuance of common stock upon exercise of stock options 3,285             $ 1     3,284          
Stock-based compensation 4,614                   4,614          
Ending balance (in shares) at Dec. 31, 2020 [1]               28,791,702                
Ending balance at Dec. 31, 2020 $ (1,318,777)             $ 3     38,113     0 0 (1,356,893)
Increase (Decrease) in Temporary Equity [Roll Forward]                                
Repurchase of convertible preferred stock (in shares) [1]       (3,525,365)                        
Issuance of Series D convertible preferred shares upon exercise of warrants (in shares) [1]           1,546,799                    
Issuance of Series D convertible preferred stock upon exercise of warrants           $ 12,936                    
Issuance of convertible preferred shares (in shares) [1]             200,728,229                  
Issuance of convertible preferred shares             $ 3,206,159                  
Stock-based compensation related to Series E convertible preferred stock             $ 123,614                  
Conversion of convertible preferred stock into common stock in connection with the reverse recapitalization (in shares) [1] (1,155,909,367)                              
Conversion of convertible preferred stock into common stock in connection with the reverse recapitalization $ (5,836,785)                              
Preferred stock, ending balance (in shares) at Dec. 31, 2021 [1] 0                              
Preferred stock, ending balance at Dec. 31, 2021 $ 0                              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                
Net loss (2,579,761)                             (2,579,761)
Net unrealized losses on investments, net of tax 0                              
Issuance of Series E convertible preferred stock (2,151,613)                   (22,395)         (2,129,218)
Conversion of convertible preferred stock into common stock in connection with the reverse recapitalization (in shares) [1]               1,155,909,367                
Conversion of convertible preferred stock into common stock in connection with the reverse recapitalization 5,836,785             $ 116     5,836,669          
Issuance of common stock (in shares) [1]               425,395,023                
Issuance of common stock 3,590,956             $ 42     3,590,914          
Issuance and sale of common stock for tax withholdings of employee RSUs $ (22,063)                   (22,063)          
Treasury stock repurchase (in shares) (857,825)             (857,825) [1]                
Treasury stock repurchase $ (20,716)                         (20,716)    
Issuance of common stock upon vesting of employee RSUs (in shares) [1]               601,176                
Issuance of common stock upon exercise of common stock warrants (in shares) [1]               26,640,121                
Issuance of common stock upon exercise of common stock warrants 173,273             $ 3     173,270          
Redemption of public warrants (4)                   (4)          
Issuance of common stock upon exercise of stock options (in shares) [1]               11,076,026                
Issuance of common stock upon exercise of stock options 8,132             $ 1     8,131          
Stock-based compensation $ 393,143                   393,143          
Ending balance (in shares) at Dec. 31, 2021 1,647,555,590             1,647,555,590 [1]                
Ending balance at Dec. 31, 2021 $ 3,909,355             $ 165     9,995,778     (20,716) 0 (6,065,872)
Preferred stock, beginning balance (in shares) at Jul. 22, 2021 437,182,072                              
Beginning balance (in shares) at Jul. 22, 2021 451,295,965                              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                
Conversion of convertible preferred stock into common stock in connection with the reverse recapitalization (in shares)               1,155,909,367                
Ending balance (in shares) at Jul. 23, 2021 1,618,621,534                              
Preferred stock, beginning balance (in shares) at Dec. 31, 2021 [1] 0                              
Preferred stock, ending balance (in shares) at Dec. 31, 2022 [1] 0                              
Preferred stock, ending balance at Dec. 31, 2022 $ 0                              
Beginning balance (in shares) at Dec. 31, 2021 1,647,555,590             1,647,555,590 [1]                
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                
Net loss $ (1,304,460)                             (1,304,460)
Net unrealized losses on investments, net of tax (11,572)                           (11,572)  
Issuance of common stock (in shares) [1]                 56,203,334 85,712,679            
Issuance of common stock   $ 594,317 $ 915,000           $ 6 $ 9   $ 594,311 $ 914,991      
Issuance and sale of common stock for tax withholdings of employee RSUs $ (218,789)                   (218,789)          
Treasury stock repurchase (in shares) 0                              
Issuance of common stock upon vesting of employee RSUs (in shares) [1]               15,217,096                
Issuance of common stock upon vesting of employee RSUs $ 0             $ 1     (1)          
Issuance of common stock under employee stock purchase plan (in shares) [1]               2,106,158                
Issuance of common stock under employee stock purchase plan $ 24,562                   24,562          
Issuance of common stock upon exercise of stock options (in shares) 22,519,879             22,519,879 [1]                
Issuance of common stock upon exercise of stock options $ 17,788             $ 2     17,786          
Stock-based compensation $ 423,500                   423,500          
Ending balance (in shares) at Dec. 31, 2022 1,829,314,736             1,829,314,736 [1]                
Ending balance at Dec. 31, 2022 $ 4,349,701             $ 183     $ 11,752,138     $ (20,716) $ (11,572) $ (7,370,332)
[1] The number of shares of convertible preferred stock and common stock issued and outstanding prior to the Merger have been retroactively adjusted by the Exchange Ratio (as defined in Note 3 “Reverse Recapitalization”) to give effect to the reverse recapitalization treatment of the Merger. See Note 1 “Description of Business” and Note 3 “Reverse Capitalization” for more information.