My first time making a minecraft server and its not working anyone know what this means

[awesomemaster11]

---- Minecraft Crash Report ----
// I let you down. Sorry :(

Time: 6/3/21 6:56 PM
Description: Exception in server tick loop

java.lang.IllegalStateException: failed to create a child event loop
    at io.netty.util.concurrent.MultithreadEventExecutorGroup.<init>(MultithreadEventExecutorGroup.java:88)
    at io.netty.util.concurrent.MultithreadEventExecutorGroup.<init>(MultithreadEventExecutorGroup.java:58)
    at io.netty.util.concurrent.MultithreadEventExecutorGroup.<init>(MultithreadEventExecutorGroup.java:47)
    at io.netty.channel.MultithreadEventLoopGroup.<init>(MultithreadEventLoopGroup.java:58)
    at io.netty.channel.nio.NioEventLoopGroup.<init>(NioEventLoopGroup.java:77)
    at io.netty.channel.nio.NioEventLoopGroup.<init>(NioEventLoopGroup.java:72)
    at io.netty.channel.nio.NioEventLoopGroup.<init>(NioEventLoopGroup.java:59)
    at net.minecraft.network.NetworkSystem$1.func_179280_b(NetworkSystem.java:52)
    at net.minecraft.network.NetworkSystem$1.func_179280_b(NetworkSystem.java:49)
    at net.minecraft.util.LazyLoadBase.func_179281_c(SourceFile:10)
    at net.minecraft.network.NetworkSystem.func_151265_a(NetworkSystem.java:120)
    at net.minecraft.server.dedicated.DedicatedServer.func_71197_b(DedicatedServer.java:190)
    at net.minecraft.server.MinecraftServer.run(MinecraftServer.java:486)
    at java.lang.Thread.run(Thread.java:748)
Caused by: io.netty.channel.ChannelException: failed to open a new selector
    at io.netty.channel.nio.NioEventLoop.openSelector(NioEventLoop.java:157)
    at io.netty.channel.nio.NioEventLoop.<init>(NioEventLoop.java:149)
    at io.netty.channel.nio.NioEventLoopGroup.newChild(NioEventLoopGroup.java:127)
    at io.netty.channel.nio.NioEventLoopGroup.newChild(NioEventLoopGroup.java:36)
    at io.netty.util.concurrent.MultithreadEventExecutorGroup.<init>(MultithreadEventExecutorGroup.java:84)
    ... 13 more
Caused by: java.io.IOException: Unable to establish loopback connection
    at sun.nio.ch.PipeImpl$Initializer.run(PipeImpl.java:94)
    at sun.nio.ch.PipeImpl$Initializer.run(PipeImpl.java:61)
    at java.security.AccessController.doPrivileged(Native Method)
    at sun.nio.ch.PipeImpl.<init>(PipeImpl.java:171)
    at sun.nio.ch.SelectorProviderImpl.openPipe(SelectorProviderImpl.java:50)
    at java.nio.channels.Pipe.open(Pipe.java:155)
    at sun.nio.ch.WindowsSelectorImpl.<init>(WindowsSelectorImpl.java:142)
    at sun.nio.ch.WindowsSelectorProvider.openSelector(WindowsSelectorProvider.java:44)
    at io.netty.channel.nio.NioEventLoop.openSelector(NioEventLoop.java:155)
    ... 17 more
Caused by: java.net.BindException: Cannot assign requested address: connect
    at sun.nio.ch.Net.connect0(Native Method)
    at sun.nio.ch.Net.connect(Net.java:482)
    at sun.nio.ch.Net.connect(Net.java:474)
    at sun.nio.ch.SocketChannelImpl.connect(SocketChannelImpl.java:647)
    at java.nio.channels.SocketChannel.open(SocketChannel.java:189)
    at sun.nio.ch.PipeImpl$Initializer$LoopbackConnector.run(PipeImpl.java:127)
    at sun.nio.ch.PipeImpl$Initializer.run(PipeImpl.java:76)
    ... 25 more