Hello everyone!
I had this issue as well and was able to find a fix. In short refund the DLC with Sony/PlayStation.
I had tried everything, cleared cash, rebuilt data, and even initialized my console to no avail. After working with a few others to find a solution. One person had mentioned that they refunded their preorder, and now they are able to play Destiny fine. This worked for the rest of us as well.
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that's good to hear, unfortunately those who got the collectors edition is pretty much locked into the option of waiting for bungie to fix this.