Yep, competition is a thing and there's no putting that genie back in the bottle. This is absolutely nothing new. AB will survive because they've invested in a variety of different brands that appeal to a wide range of market demographics. I mean, people still drink Busch and Natural Light apparently. I don't get it, but they still sell enough of that god-awful shit to keep the brands, so if you think that AB's gonna just roll over and die because MAGA's pissed, you're probably wrong.
It's called competition and changing market forces. Craft beer got off the ground due to changes in regulations back in the 1970s. Once that happened, and once the smaller companies like Samuel Adams and others developed their marketing and distribution strategy, it was game over for macro dominance. AB (it's actually InBev now) has seen this coming for a while and they've bought up smaller competitors and invested in a variety or products and brands.
They probably don't care about the sexual orientation of their consumers. Again, it's you guys who sexualize literally everything.