Well, it seems something has changed. Outlook is now working for me this morning without a new update; I'm now running 16.53 (21082406). And while I'm able to use Outlook now there seems to be some ghost messages here and there that are blank.
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New beta upgrade from MSFT today. I am now running Outlook v16.53 (21081705) and the problem is still happening for me. Any other news out there?
I have the same issue. I'm running the most recent MSFT Office 16.53 (21081500) update from the beta channel and the issue is still occuring. Currently using Outlook inside Parallels as a workaround.