Would you be happy knowing that all the criminals in your area now have easily accessible information on when you're home or not?
There's nothing stopping someone doing that. It's only someone gathering information that anyone else could and tweeting it. Just because you can do something, doesn't mean you should.
I would gladly accept that in return for hundreds of billions, with which I could afford some former special forces bodyguards. And house guards for when I'm not home.
The data isn't "completely public". It takes non-trivial skill and effort to access this data.
I sure don't know how to do it.
It significantly rises the bar from "a whacko" to "a whacko with technical skills to access FAA monitoring system"
When some billionare buy private jet he is aware about fact that his jet can be easily tracked. If person decide to be a public figure he have to deal with fact that he'll be tracked around.
It certainly wasn't an attempt to silence a critic, which is the thing people say he'll start doing when he gets control of Twitter.