@DylanWilson it does for ordinary commutative rings, e.g. $\mathbb Z_p \to W(k)$ on top and $\mathbb F_p \to k$ on the bottom, with $k$ a perfect $\mathbb F_p$-algebra, or Proposition 3.2 of
www-personal.umich.edu/~bhattb/teaching/prismatic-columbia/…. I had briefly convinced myself the first one would work with the top line replaced by spherical Witt vectors, but considering higher homotopy groups immediately shows that is nonsense :(