Gotta keep the historical moment in context. If Harris had won, these bans wouldn't be going through.
The "WhitePeopleTwitter" sub got axed for outing Elon's IT goons infiltrating the Treasury. Now that he's on the sub, he's probably got his legal/PR team sending threatening letters to Reddit admins for anything he finds personally upsetting.
Just like Facebook's search "accidentally" suppressing Democrat searches. Firstly, why would you have that ready to "accidentally" deploy? Secondly, There's no way something like that gets enabled without multiple levels of manager approval. Facebook isn't some startup where anyone can push code to production.
Because it is very difficult to monitor, investors tend to hate it, and they have issues with CSAM being shared on site (while making it neigh impossible to address).