BALANCE SHEET COMPONENTS (Tables)

9 Months Ended

Sep. 30, 2025

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of Prepaid Expenses & Other Current Assets

Customer funding receivable and other current assets as of September 30, 2025 and December 31, 2024 consisted of the following (in thousands):

	September 30, 2025		December 31, 2024
Customer funding receivable	$	343,085	$	7,442
Other	23,150		35,647
Total customer funding receivable and other current assets	$	366,235	$	43,089

Schedule of Accrued Expenses and Other Current Liabilities

Accrued expenses as of September 30, 2025 and December 31, 2024 consisted of the following (in thousands):

	September 30, 2025		December 31, 2024
Accrued customer funded construction	$	220,036	$	—
Accrued capital expenditures	67,142		12,106
Accrued bonus	34,616		17,614
Other	36,476		34,950
Total accrued expenses	$	358,270	$	64,670

Schedule of Other Noncurrent Liabilities

Other noncurrent liabilities as of September 30, 2025 and December 31, 2024 consisted of the following (in thousands):

	September 30, 2025		December 31, 2024
Noncurrent deferred revenue	$	260,348	$	—
Operating lease liabilities, net of current portion	90,869		97,843
Other	13,370		15,315
Total other noncurrent liabilities	$	364,587	$	113,158