No. Microsoft, the for-profit, publicly-traded, US-based megacorporation, controls that platform, who can use it, what can be put on it, what the ToS are. You can consider open options like Codeberg, et al. as at least you remove all the for-profit & social media trash, but if you want to be in control of your community, you almost have to self host & a self-hosted project should be viewed as more viable.