Do you have the same issue if you follow the OP’s steps to reproduce it?
Yes
Provide extra information to complete the original description of the issue:
After a clean install of ver 1.38.2.0 with community folders empty, MSFS2020 crashes to the desktop in safe mode or normal mode after checking for updates when loading the menus while showing the “New Activities” screen.
If relevant, provide additional screenshots/video:
If on PC, Fault Bucket ID - Instructions here - Please type in just the Fault Bucket ID # rather than a screenshot for privacy reasons:
Fault bucket 1338927855948055345, type 5