Fair Value (Tables)

6 Months Ended

12 Months Ended

Jun. 30, 2021

Dec. 31, 2020

Fair Value Disclosures [Abstract]

Schedule of financial assets and liabilities measured at fair value

	Level 1	Level 2	Level 3		Total
June 30, 2021
Warrants	—	—	$	145,673	$	145,673
December 31, 2020
Warrants	—	—	$	101,325	$	101,325

	Level 1	Level 2	Level 3		Total
	(in thousands)
December 31, 2020
Warrants	—	—	$	101,325	$	101,325
December 31, 2019
Warrants	—	—	$	3,531	$	3,531

Schedule of fair value warrants estimated using the Black-Scholes option-pricing model

	June 30, 2021		December 31, 2020
Discount for lack of marketability		4.8% – 8.5%		10.0%
Equity value	$	669,501,746 – $713,272,646	$	525,034,000
Expected volatility		51.5% – 56.7%		59.50%
Dividend rate		—		—
Expected term (in years)		0.83 – 2.50		3.00
Risk-free interest rate		0.10% – 0.35%		0.17%

	December 31, 2020			December 31, 2019
OPM Inputs/Assumptions	Values			Values
Equity Value	$	525,034,000		20,369,000
Holding Period/Term (years)		3.00		5.00
Volatility		59.50	%	51.00	%
Risk-Free Rate		0.17	%	1.67	%
Discount for Lack of Marketability		10.0	%	9.5	%

Schedule of beginning and ending balances for the liabilities measured at fair value

Warrants:	(in thousands)
Balance as of December 31, 2020	$	101,325
Vesting of Vendor Warrants		5,504
Fair value adjustment for Vendor Warrants		(11,722	)
Fair value adjustment for Financing Warrants		50,566
Balance as of June 30, 2021	$	145,673

Warrants:	(in thousands)
Balance as of January 1, 2020	$	3,531
Issuance of warrants in connection with Fortress Financing Agreement		190
Fair value adjustment of outstanding warrants		97,604
Balance as of December 31, 2020	$	101,325