Instant shutdown with "Exiting due to channel error"

I've just installed Tor Browser 11.0.14 on MacOS Big Sur.

When I try to open TBB, it shows the "Connect to Tor" page for a couple of seconds, then closes itself.

The time it displays this page varies from about half a second to about 10 seconds, but it always closes itself.

The issues persists across a reboot. I've also tried reinstalling both via the binary and Homebrew and the issue is the same.

My web connection is working fine, I'm not behind a corporate firewall and I'm not using a VPN.

Full logs are below.

% /Applications/Tor\ Browser.app/Contents/MacOS/firefox 

Jun 19 22:44:26.188 [notice] Tor 0.4.7.7 (git-929a90a24fd63b44) running on Darwin with Libevent 2.1.12-stable, OpenSSL 1.1.1o, Zlib 1.2.11, Liblzma N/A, Libzstd N/A and Unknown N/A as libc.

Jun 19 22:44:26.188 [notice] Tor can't help you if you use it wrong! Learn how to be safe at https://support.torproject.org/faq/staying-anonymous/

Jun 19 22:44:26.188 [notice] Read configuration file "/Applications/Tor Browser.app/Contents/Resources/TorBrowser/Tor/torrc-defaults".

Jun 19 22:44:26.189 [notice] Read configuration file "/Users/xxx/Library/Application Support/TorBrowser-Data/Tor/torrc".

Jun 19 22:44:26.197 [notice] Opening Control listener on 127.0.0.1:9151

Jun 19 22:44:26.198 [notice] Opened Control listener connection (ready) on 127.0.0.1:9151

Jun 19 22:44:26.198 [notice] DisableNetwork is set. Tor will not make or accept non-control network connections. Shutting down all existing connections.

Jun 19 22:44:26.000 [notice] Parsing GEOIP IPv4 file /Applications/Tor Browser.app/Contents/Resources/TorBrowser/Tor/geoip.

Jun 19 22:44:26.000 [notice] Parsing GEOIP IPv6 file /Applications/Tor Browser.app/Contents/Resources/TorBrowser/Tor/geoip6.

Jun 19 22:44:26.000 [notice] Bootstrapped 0% (starting): Starting

Jun 19 22:44:26.000 [notice] Starting with guard context "default"

Jun 19 22:44:26.000 [notice] Delaying directory fetches: DisableNetwork is set.

Jun 19 22:44:26.000 [notice] New control connection opened from 127.0.0.1.

Jun 19 22:44:27.000 [notice] New control connection opened from 127.0.0.1.

Jun 19 22:44:27.000 [notice] New control connection opened from 127.0.0.1.

Jun 19 22:44:27.000 [notice] New control connection opened from 127.0.0.1.

Jun 19 22:44:27.000 [notice] DisableNetwork is set. Tor will not make or accept non-control network connections. Shutting down all existing connections.

zsh: terminated  /Applications/Tor\ Browser.app/Contents/MacOS/firefox

Jun 19 22:44:28.000 [notice] Owning controller connection has closed -- exiting now.

Jun 19 22:44:28.000 [notice] Catching signal TERM, exiting cleanly.                                         

Exiting due to channel error.

Exiting due to channel error.