While the recent name change where Facebook became Meta may have led you to believe this, it’s actually not true.
So no, Meta doesn’t own the metaverse, but the change of name did have a positive effect on the awareness and interest of the metaverse as a whole.
Additionally, over the last short while Meta has continued to invest more and more in this new technology, acquiring the company behind the Supernatural fitness app, Within, and making various deals with several other metaverse-centric businesses.