That is if you are playing the a0.5 version.
In the a0.7 version, by default there's only the story mode. And in story mode you aren't supposed to get another ship.
on a server with multiple people would it be possible to mod it so that each player can own their own ship? I love tachyon so far and my friends and I were thinking how much more fun it would be if we could travel as a fleet
Well the possibility to own multiple ships is there - it all depends on the way the game events and model files are configured.
For the story mode I intentially made it impossible to own more than 1 ship.
And that is done for 2 reasons:
1. The story itself implies the players to have just 1 ship.
2. If players would have had more than 1 ship, then probably some of the event's of the story would break.
If you wan't to play the MMO version - check out the discord channel, modders that are working on the MMO mod, discuss it there.
If you wan't you can modify the model files for the Piloting systems and remove the NO_TAKEOVER=1 flag from them. This will allow you to capture pirate ships.(But if the story events break - it's your fault :P )