The next possibility is the Heseltine scenario: Jivani made the trip to raise his profile and broaden his American contacts because he is biding his time but is intent on challenging Poilièvre's leadership further down the road. I view this as unlikely given how the last Liberal leadership race went for Freeland. Put another way, he or she who strikes the first blow inevitably doesn't become the leader. Lessons learned in the Canadian context.
The last scenario means setting the stage for the arrival of a black knight who will directly take on Pierre. Under those circumstances, a potential leader like Jivani would support the current one and only join the race if Pierre failed to win on a first ballot. In short, the Major-Hurd example.
IMHO, this isn't the last act in TheJivaniExperienceTM. It's not a second beachhead, but it ain't nothing either. Likely more to come. Stay tuned.
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