NET LOSS PER SHARE (Tables)

9 Months Ended

Sep. 30, 2023

Schedule of Basic and Diluted Net Loss Per Share Attributable to Common Stockholders

Basic and diluted net loss per share attributable to common stockholders are calculated as follows (in thousands, except share and per share amounts):


	Three Months Ended September 30,				Nine Months Ended September 30,
	2023		2022		2023		2022
Net loss attributable to common stockholders, basic	$	(630,894)	$	(530,101)	$	(2,174,654)	$	(831,812)
Change in fair value of dilutive warrants	—		(140,146)		—		(998,319)
Net loss attributable to common stockholders, diluted	$	(630,894)	$	(670,247)	$	(2,174,654)	$	(1,830,131)

Weighted-average shares outstanding, basic	2,284,446,783		1,676,048,504		2,010,916,100		1,666,693,217
Private Placement Warrants using the treasury stock method	—		14,915,044		—		19,883,372
Weighted-average shares outstanding, diluted	2,284,446,783		1,690,963,548		2,010,916,100		1,686,576,589

Net loss per share:
Basic	$	(0.28)	$	(0.32)	$	(1.08)	$	(0.50)
Diluted	$	(0.28)	$	(0.40)	$	(1.08)	$	(1.09)

Schedule of Antidilutive Securities Excluded from Computation of Diluted Net Loss Per Share

The following outstanding shares of potentially dilutive securities were excluded from the computation of diluted net loss per share attributable to common stockholders because including them would have had an anti-dilutive effect:


	September 30,
Excluded Securities	2023	2022
Private Placement Warrants to purchase common stock	44,350,000	—
Options outstanding to purchase common stock	34,320,337	43,132,157
RSUs outstanding	51,817,847	37,300,903
Employee stock purchase plan	9,353,757	5,068,423
If-converted common shares from convertible note	36,737,785	36,737,785
Total	176,579,726	122,239,268