Financially? Sure. Politically? Not a chance, they'll get bailed out or partially nationalized.
Frontier labs will be considered essential to national security, Microsoft is basically a public utility at this point, Facebook is too important for the spread of propaganda (although this one has less of a case/justification for a government bailout), Amazon (via AWS) runs massive parts of the federal gov (along with Azure), Google dying would cause almost an immediate global depression (73% of mobiles run android, the massive ad network).
These companies are so entrenched in day to day operations and into the economy that they cannot fail without ushering in whats effectively dark ages 2.0
Indeed. People forget how quickly and easily companies become too big too fail. The US government bailed out, took over, privatized (not just once) Iridium, just because they had satellites and Global Crossing, just because of fiber ownership.
AI labs would be a lot worse. A lot.
Is Google really a critical dependency for android? I've installed Lineage OS before which worked.