No. "Bet" implies some sort of clear vision or value proposition. Metaverse was a dream.
It's okay to dream. It's not okay to burn billions of dollars on dreams with no proof of concept or business plan. Set aside the question of whether or not it's a bad idea - that's just plain bad execution.
The Orion is the proof of concept. The metaverse that Mark is thinking of is as ambitious as Musk's Mars plans. And it is something that requires large amounts of capital and time.
It's okay to dream. It's not okay to burn billions of dollars on dreams with no proof of concept or business plan. Set aside the question of whether or not it's a bad idea - that's just plain bad execution.