It does, but "requires a Facebook account" doesn't entirely capture the nature of Oculus' requirements. If, for instance, Twitter sold hardware that required a Twitter account, that would indeed be the beginning and end of it – create a new Twitter account for the hardware, and off you go.

What Oculus requires, however, is your Facebook account, as in the one you created over a decade ago and never use but is full of all your friends' pictures of their children and/or political memes.

Creating a separate account just for using the hardware is not only expressly forbidden, but can result in you being locked out of your device: https://www.tomshardware.com/news/oculus-quest-2-users-banne... And if you truly do not have an existing account, good luck convincing the algorithms of that.