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I am sure they would. I am equally sure most would fail without significant funding.
Of course they would, Firefox is a huge project. But that doesn’t mean Mozilla is the only organization that can manage it.
And where exactly is that funding coming from?
And that’s why IMO the project should ensmallened. Instead of trying to catch up to everything bloatware internet and Google are doing, Neo Firefox / Neo Mozilla could instead focus on developing a subset that’s lean and safe to use (no JS, for example) or even promote and offer first-class support to alternative internets like Gemini (the actual one, not Google’s namesquat).