SSH: connection closed

Trying to connect to my new droplet with ssh (public key added), after about 30 seconds or so get:

Connection closed by my-pub-ip-address port 22

Ran it with -vvv option and got this:

OpenSSH_8.6p1, OpenSSL 1.1.1k  25 Mar 2021
debug1: Reading configuration data /etc/ssh/ssh_config
debug2: resolve_canonicalize: hostname my-pub-ip-address is address
debug3: expanded UserKnownHostsFile '~/.ssh/known_hosts' -> '/home/user/.ssh/known_hosts'
debug3: expanded UserKnownHostsFile '~/.ssh/known_hosts2' -> '/home/user/.ssh/known_hosts2'
debug3: ssh_connect_direct: entering
debug1: Connecting to my-pub-ip-address [my-pub-ip-address] port 22.
debug3: set_sock_tos: set socket 3 IP_TOS 0x48
debug1: Connection established.
debug1: identity file /home/user/.ssh/id_rsa type 0
debug1: identity file /home/user/.ssh/id_rsa-cert type -1
debug1: identity file /home/user/.ssh/id_dsa type -1
debug1: identity file /home/user/.ssh/id_dsa-cert type -1
debug1: identity file /home/user/.ssh/id_ecdsa type -1
debug1: identity file /home/user/.ssh/id_ecdsa-cert type -1
debug1: identity file /home/user/.ssh/id_ecdsa_sk type -1
debug1: identity file /home/user/.ssh/id_ecdsa_sk-cert type -1
debug1: identity file /home/user/.ssh/id_ed25519 type -1
debug1: identity file /home/user/.ssh/id_ed25519-cert type -1
debug1: identity file /home/user/.ssh/id_ed25519_sk type -1
debug1: identity file /home/user/.ssh/id_ed25519_sk-cert type -1
debug1: identity file /home/user/.ssh/id_xmss type -1
debug1: identity file /home/user/.ssh/id_xmss-cert type -1
debug1: Local version string SSH-2.0-OpenSSH_8.6
debug1: Remote protocol version 2.0, remote software version OpenSSH_8.2p1 Ubuntu-4ubuntu0.2
debug1: compat_banner: match: OpenSSH_8.2p1 Ubuntu-4ubuntu0.2 pat OpenSSH* compat 0x04000000
debug2: fd 3 setting O_NONBLOCK
debug1: Authenticating to my-pub-ip-address:22 as 'root'
debug1: load_hostkeys: fopen /home/user/.ssh/known_hosts: No such file or directory
debug1: load_hostkeys: fopen /home/user/.ssh/known_hosts2: No such file or directory
debug1: load_hostkeys: fopen /etc/ssh/ssh_known_hosts: No such file or directory
debug1: load_hostkeys: fopen /etc/ssh/ssh_known_hosts2: No such file or directory
debug3: order_hostkeyalgs: no algorithms matched; accept original
debug3: send packet: type 20
debug1: SSH2_MSG_KEXINIT sent
Connection closed by my-pub-ip-address port 22

Any idea what’s wrong?