I did decide to pull my monthly contribution. In software dev I get the impression anyway that a bigger budget just leads to a bigger project, not a better end product. Virtue signaling is common in tech, I just never thought I'd see such outrage from the godot community.
I didn't follow X (besides seeing the tweet that started it all), but compared to other Engines, Godot on discord very much "looks" like a one sided political platform where you're either silent on the issues they bring up or blocked/banned/post deleted. Personally I never saw anything like all the inclusion flags in Unity or Unreal branding.
On the one hand, you can't help but respect the attempt to stick up for some virtue being presented- even if it's probably shallow branding. On the other hand, we're in a situation where we're asked to support their beliefs with our donations in addition to development on the engine which presents other issues even if you personally do support their beliefs. If you're just being shallow about "the cause" you're likely doing more to alienate people who grew up from different backgrounds than actually creating meaningful change... which really eats away at that attempt to be inclusive.