Sure, but VR isn't, they're different things. For VR they've sold somewhere around 15-20 million headsets, and many people use it quite a bit. I have no doubt VR is/will be big, but the path to finding what's compelling in VR will be strange. Personlly I rediscovered a love for table tennis and play every single day now, I'd probably pay $2-3k for a Quest 2 if I had no choice.
That said I think trying to build the "Metaverse" in a top-down way will be very difficult, and Meta will probably not be the ones pulling it off since they don't have much good will, people actively avoid their social platforms if they can. But to me, what we need is not a Metaverse, but a good OS/platform with integrated social/identity, where friends can easily join each other's games, voice is enabled by default and provided as part of platform, not individual apps etc. Meta has been working on making this easier, but with my friends group the friction is still too high. And it's super annoying when third party apps (like Rec Room) needs their own login, friends/social features etc making it cumbersome to find your friends in there.