I wanted to report this because even though I managed to fix it on my own, it may still be a problem for some people.
The game wouldn't launch at all and when I went to go to the game files to try to run as administrator, it mentioned a .dll file was missing.
I googled the file name (XAPOFX1_5.dll) and found out that it was from Microsoft Direct X June 2010, installed this software and it managed to fix the issue.
Hope it helps someone!
Game version: 0.5.0
CPU: AMD Ryzen 5 5600X
GPU: Geforce NVIDIA RTX 3070
Operating System: Windows 11
Are you running any other programs? - Only Steam