They are a publicly traded company- so no they are not private-owned.
Todd Krieger
425

You’re splitting hairs. They are publicly traded, but they are privately owned. The distinction between public and private ownership is significant. Zuckerberg doesn’t answer to the public. He doesn’t answer to Congress, the President or any agency beyond following the law. Regardless of how the shares are sold and purchased, the owners of those shares are likewise private individuals and corporations, no matter whether they themselves have stockholders and are publicly traded.

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