NET LOSS PER SHARE (Tables)

3 Months Ended

Mar. 31, 2024

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 March 31,
	2024		2023
Net loss	$	(680,859)	$	(779,528)
Accretion of redeemable convertible preferred stock	(3,901)		—
Net loss attributable to common stockholders, basic and diluted	$	(684,760)	$	(779,528)

Weighted-average shares outstanding attributable to common stockholders, basic and diluted	2,301,870,644		1,831,725,009

Net loss per share attributable to common stockholders, basic and diluted	$	(0.30)	$	(0.43)

Schedule of Antidilutive Securities Excluded from Computation of Earnings 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:


	March 31,
Excluded Securities	2024	2023
Private Placement Warrants to purchase common stock	44,350,000	44,350,000
Options outstanding to purchase common stock	31,299,940	36,450,296
RSUs outstanding	58,879,709	44,064,453
Employee stock purchase plan	15,503,221	10,251,959
If-converted common shares from convertible note	36,737,785	36,737,785
If-converted common shares from redeemable convertible preferred stock	278,148,643	—
Total	464,919,298	171,854,493