Elite Dangerous having issues launching on Steam for second day in a row

For the second day in a row, Elite Dangerous is being fickle on the Steam platform and not loading for some players due to an "Exception Initialising Application" error. This same issue was occurring yesterday as well, and F-Dev was able to fix it in just over a couple hours time.  However, the game has been down for over three hours now without any updates from F-Dev, so hopefully they are taking their time and squashing this issue once and for all so it does not make a return appearance again tomorrow.