My 2 cents, i think it remains important to understand the business structure of GrapheneOS. It is a nonprofit organization rather than a commercial business.
Some reasoning in this thread seems to make sense when it would be applied if GOS was a commercial business, not so much to a nonprofit.
I think it is safe to summarize GrapheneOS mission and purpose in 2 words: Security & Privacy. As a nonprofit they don't necessarily need to grow user base etc. To put it bluntly, they have no obligations towards it's users, neither are its users entitled to anything. Some business perspectives i've read aren't really relevant.
It's core as a nonprofit are Security and Privacy, for everyone. If they wish not to allocate valuable resources to a device that does not align with their mission. So be it.
I actually admire this project its 'stubbornness' regarding this. They stay true to their values, they don't deviate. "For everyone" remains true as well. Everybody could get a cheap secondhand device that supports GOS. If somebody isn't in the position to pay top dollar for a new supported device, there certainly are options. If both of the above still can not satisfy someone, that is honestly not a GrapheneOS problem.
While i certainly do understand the disappointment of many, especially those who bought the device already... Let's be honest, it's quite selfish and dishonest to expect GrapheneOS to support the 11 series because of pricing differences in the market out of their power, if the device would not meet their standards and align with their mission.