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Elon Musk admits X 'may fail, as so many have predicted'
(www.businessinsider.com)
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I think this is a valuable point.
I saw the headline and thought "and nothing of value was lost". But reading this was a privilege check. I've never needed Twitter or anything else to help resist because my way of life isn't really being challenged.
I think it's a lesson as you point out. Don't trust corporations. And I would add don't trust centralized platforms either. But decentralization is a two edged sword. You're protected from a single entity's agenda, but the dispersed nature of a decentralized platform will make it more difficult to come together for a cause.
Edit: spelling