The board is getting sent back Wednesday and refunded gonna get try this
https://www.overclockers.co.uk/msi-mpg-b550-gaming-plus-amd-am4-b550-atx-motherboard-mb-35a-ms.html and get them to Update the bios for me if that doesn't work il refund the board and sell the 5800X and get a 3800XT.
I have just taken delivery of this board and a 3600x today and I am getting the same issues.
It initially POST'd about 6-8 times, booting into windows fine. Windows would then crash/hang after about 5 minutes, and could only be rescued by a manual power off. After it did this for the 3rd time, I am now in the same situation.
Board powers, fans ramp up, then immediately ramp down to nothing, RGB all comes on, but then it just sits there, doing nothing, with no display on the screen. I've used the Q-Flash thing to flash to the latest BIOS (I think it worked, have no idea if it did and no way to verify) and I have reset the CMOS as well.
I have tried different GPU, RAM, Removed all extra bits from the board and re-seated everything. I will try the rest tomorrow, PSU (will have to rip apart my media server) and the CPU as well ( I have a 3700x in my other machine, but I can't really rip that out as I need the machine for work, but I guess i'll have to to rule out the CPU or not).
I should say, that the PSU was working fine in my other system and is also pretty new, so I don't think it is the PSU that's at fault.
I know you have given up, but I will let you know what I find. It may be of some help for other people out there, with this board.