Musk seems to think Musk is a tech genius, but really he was just born into money and used it to buy a bunch of companies. In fairness he was able to recognise which companies to buy, doesn’t mean he knows anything about databases though.
Other events will cause additional spikes for Pixelfed, Mastodon and others. Unless the US Oligarchs are going to stop supporting Trump’s bat shit crazy policies they will keep pushing group after group off of their platforms.
It will be easier for the next wave to join as their is already content and already people they know and many issues addressed.
Seems like a bad time to be introducing such a thing in the immediate future when European users are already seeking out alternatives to US tech giants and US users are losing their jobs and facing rising grocery prices.