Watch live: Ariane 6 second flight
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esa.int
It feels like Europe fell asleep when it comes to space innovation, but at this point reusable launches are not even an innovation, they're just how the business is done. And until we manage to build reusable infrastructure and rockets, the costs are going to be astronomical compared to the competitors.
Perhaps with the situation now, Europe could snag some rockstars from US?
It's probably that Europeans just don't have such intractable problem to pull fiber everywhere the electrical grid already is. So providing the internet with megaconstellations is seen as superfluous and wasteful.