The primary React Native performance issue on iOS is that Apple disables the JIT when using JavaScriptCore. If you run some JS in a WKWebView you should see it speed up by 5 to 10x. (WKWebView runs in a different process, so they allow the JIT)
I get that Facebook has the biggest apps on any platform and they run into platform limitations (like number of classes on Android) and build cycles so for them it makes sense to make a dynamic partial-hot-reloading-in-place app development framework, but they're still beholden to the runtime that Apple offers them.
(In theory they could compile JS to a compiled binary that Apple's reviewers are okay with, but I don't know enough about any of that)