Game crashes on launch at red Mojang splash screen (iPad 7th Gen, iOS 18.7.10)

[Observed Result]
The game completely crashes to the iOS home screen during launch. It gets stuck on the red Mojang splash screen for a couple of seconds and then closes automatically. I am unable to reach the main menu.

[Expected Result]
The game should pass the Mojang splash screen and load into the main menu without crashing.

[Steps to Reproduce]

1. Update Minecraft Preview to version 26.50 or 26.51 on iOS/iPadOS.

2. Launch the application.

3. Observe that the app crashes automatically while displaying the red Mojang splash screen.

[Additional Notes]
This issue started occurring right after updating from 26.45 to 26.50, and the recent 26.51 update did not fix it.