We present net loss per share using the two-class method required for multiple classes of common stock. The rights, including the liquidation and dividend rights, of the holders of Class A common stock and Class B common stock are identical, except with respect to voting. As the liquidation and dividend rights are identical for Class A common stock and Class B common stock, the undistributed earnings are allocated on a proportionate basis and the resulting loss per share will, therefore, be the same for both Class A common stock and Class B common stock on an individual or combined basis.


(in millions, except share and per share data)	Three Months Ended March 31,
		2022		2023
Net loss		$	(392)	$	(511)

Net loss attributable to common stockholders		$	(392)	$	(511)

Weighted-average common shares outstanding - basic		867,769,168		896,924,695
Dilutive effect of stock options and unvested shares		—		—
Weighted-average common shares used to compute diluted loss per share		867,769,168		896,924,695

Net loss per share attributable to common stockholders:
Basic		$	(0.45)	$	(0.57)
Diluted		$	(0.45)	$	(0.57)

The following potential common shares were excluded from the calculation of diluted net loss per share because their effect would have been anti-dilutive or issuance of such shares is contingent upon the satisfaction of certain conditions which were not satisfied by the end of the period:


	Three Months Ended March 31,
		2022	2023

Time-Based RSUs		77,721,705	63,632,646
Market-Based RSUs		58,803,580	22,822,518
Stock options		17,486,667	14,540,171
Early-exercised stock options		7,362	—
Warrants		14,278,034	14,278,034
ESPP shares		634,603	1,070,783
Total anti-dilutive securities		168,931,951	116,344,152