There are several conventional turntables where the platter is wholly or partially supported by a magnetic field, but in the vertical direction only. All of them have a horizontal mechanical bearing of the usual type. Those have nothing to do with the one particular unique turntable that is being batted around on this thread.
Mag-Lev Turntables
I’m very interested in this turntable as many are. Fair warning, $2200 is the regular price, go to their site. You won’t find the model recently advertised here for $3100, that’s a fake markup and then said to be “on sale”. Just buy them direct when new, no value in a pass through seller who is not local to you and offers no other value. If you do have one, how is it?😊