There is nothing preventing another account from calling the initializer before the contract owner. In the best case, the owner is forced to waste gas and re-deploy. In the worst case, the owner does not notice that his/her call reverts, and everyone starts using a contract under the control of an attacker
There is 1 instance of this issue:
https://github.com/code-423n4/2022-05-velodrome/blob/7fda97c570b758bbfa7dd6724a336c43d4041740/contracts/contracts/Bribe.sol#L30-L33
