In my opinion, VR and AR are only going to get better and slowly adopted in the mainstream as the devices get slimmer and powerful.
Meta hasn't closed Metaverse yet and even if they close it, it would be one failed project. They aren't pulling out of the VR industry completely. In the fall of this year, they will come out with Meta Quest 3.
Apple's headset is pricey for sure but they also know enthusiasts and early adopters will buy and test it out. Eventually, they will get the headset better and less pricey though, you can bet it will remain more expensive than other offerings.