What's wrong with Bluesky App?
submitted by
My Password Is 1234@lemmy.world

I ask completely seriously.
As far as I know, the whole project is open source and is not as invasive as Xitter
Mastodon is non-proprietary software. So one person or company cannot own it in a meaningful sense.
His foundation might own the copyright on the name and logo, so that bad actors can't pretend to be them. That's pretty much it.