You can make the best flying car in the world, but why should anyone care if they have no use for one?

The Metaverse idea was DOA, and not because of lack of VR headset quality, but just for the obvious reason that no-one wants to work that way. RTO or WFH with Zoom calls is enough.

The only use case for VR that seems to have taken off, to whatever extent it has, is gaming. If a new headset is a bit better, or cheaper, than another then it might be expected to do well, but it's not going to be headline news.