No it's not. This is for their ARM VR headset. They want 0 effort ports to SteamVR from the Meta Quest which runs Android.
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What is this?!?!? (Serious)
I understand that this is stupidly expensive and folding phone are fragile. But I do think they are the first exciting innovation to happen to phones in a while. Not just chasing higher numbers for the spec sheet. If they can solve the technical problems maybe in 5-10 years we can have the best aspects of a tablet and phone combined. And maybe phones can stop being so damn big when they're folded closed