The problem is mostly that people see that as a natural progression of the free market, so they're okay with it. That, and/or they're totally blind to the fact that people like musk are symptomatic of a deeper problem with the system at work here. Myspace, early internet forums, any form of less explicitly centralized internet, those get blamed for not being "good enough" as a platform, compared to these other, more "successful" ventures, which inevitably use spam to make money or attract nazis to bolster their userbase in a short term bargain. It doesn't matter to your average user that those platforms fell apart explicitly because larger market actors all swam around them like pirahnas and blasted them with spam and bots and all that shit in order to explicitly tear them apart and try to make a quick buck off of their shit.

In the market, that's seen as a you problem, as a personal failing, if you can't avoid that, or if you're not willing to play along with that. That's the average person's view of any previous platform. These platforms rise and fall like, almost every decade or so at this point, more at the onset, obviously. People don't have enough of a long term memory to remember why the last platform died and how it followed the exact same trajectory as the current thing.