Europe had decided to help space start ups, likely thinking they can help create alternatives to space X.
They can't. No one can, except China, through enormous non market subsidies.
The secret sauce is to have a huge market to serve, and there isn't one. SpaceX are their own market, and should anyone try to add their own constellation, we can kiss goodbye to LEO.
And I cannot stress enough that satellite internet is a garbage solution compared to fibre...