It is almost never the file. The usual suspects are a broken file association, a stuck Acrobat process, Protected Mode, or a damaged install. Work through the fixes in order, or skip to the 30-second option and read the document right now.
Drag the PDF into any web browser window (Edge, Chrome, Firefox, any of them). If the browser shows the document, the file is healthy and everything below is about your reader, not your PDF. If the browser also fails, the file itself is damaged or incomplete: re-download it or ask the sender for a fresh copy, because no fix on this page revives a truncated file.
Acrobat Reader carries a launcher, a background updater, a tray agent, a sandbox, cloud sync, and an upsell engine. Every one of those layers is something that can wedge, and every one of them runs before your document appears. A viewer with none of those layers has none of those failure modes. That is the entire design philosophy behind the 4.6 MB reader, and if you are deciding whether you even need Acrobat installed, read this before downloading Adobe Reader.
Version 1.0.0 · Windows 10/11 (x64) · 4.6 MB · free forever
It will have your document open before Acrobat finds its splash screen.