To clarify symptoms:
When I turn the key, battery voltage drops to 4.4. Dash lights are very dim and flicker. Won't kick start. This all started the moment I hit the electric start after a mid-ride pit stop.
Any ideas where to look next?
A battery fresh off the charger should be at least 13.8V or up to 14.5V, until the battery has rested for an hour, then 12.7 v is a good read.
So, the CCA rating of a battery is where a load can be placed upon it and the voltage won't drop below 10 V. If a known good and load tested battery actually drops to 4.4V then something like twice the CCA rating of the battery is being placed upon it. That's something like 400 Amps, which is enough to weld metal bits or make them molten. If your fuses haven't been replaced with metal shunts, and you aren't seeing smoke from melted bits, about the only place that could draw that much amps is the starter motor circuit. But, for this to be cause you would need a double fault, both the solenoid has to be fused closed, and the starter motor is shorted.
To seek cause, disconnect the big cable that routes from solenoid to starter motor, then switch on the ignition. If your voltage holds above 12.4V, you can probably kick start the bike. If good so far, then take apart the solenoid and free the fused contacts, or replace the unit. This would clear one of the faults, but may return if the starter motor is indeed grounding out and activated again. The next fault to clear would be the starter motor. Probably the armature bearings are worn which allows the armature to contact the grounded coil housing. Might even be welded there. Short of removing and replacing the starter motor, to verify fault you'd need an ammeter capable of reading about 200-300 amps., where you can actually test the current draw of the starter motor. it usually only draws 25 A, or 150A stalled (unable to turn). If it draws more than that, it's bad and needs repair or replacement.
Remember this all assumes you actually have a known good and load tested battery, which could be performed where batteries are sold.
Good luck!