I think this might be a possible bug.
One singular rich text field in my CMS is not behaving like a rich text field.
Even if i format the data in the field on the CMS in both designer and editor, it is showing up as a string of continuous text in the browser
You have some javascript running on your page which is replacing the rich text content in your RTE. If I disable script, it presents find ( screenshot below ).
The console is showing a lot of script errors on the page, so my guess would be that something isn’t configured correctly, and scripts are failing as a result.
Fix those script & configuration errors and you should be fine.