There's been far too many flagged Musk stories that never get unflagged to put it down to simple incompetence and neglect.
Another reason most people here don't know how bad it's got is because posts about the poor flagging system are explicitly disallowed. For that reason alone it's quite hard to say this is purely incompetence with no malice.
You can ask mods for permission to make a post about the flagging system - you'll be denied. People have tried making posts about all the Musk stories being flagged - flagged by moderation. Every time. Quickly.
So, no. Unfortunately, this isn't a case where I'm happy to assume incompetence. Look at where we're at - a post about the richest tech bro in the world enabling mass creep shit of the worst kind remains flagged for hours. That's absolutely vile - and far from a rare event here.