They appear to be chastising the billionaires, not the space tech. Chastising space tech would not fit in with the argument they are advancing about the need to adopt local tech. However, chastising the US billionaires definitely supports their argument.

I can read what was said without your interpretation of it.

Fast forward 20 years and Europeans will be hopelessly dependent on SpaceX just like they are on big tech now.

They're billionaires because they invested in tech that the whole world is dependent on now. Chastising them shows that European technophobic bureaucrats still don't get it.

The whole point is "escape Earth" -- i.e. Elon doesn't care about the long term effects on Earth, not that space tech is bad.

Chastising "billionaires that would rather escape Earth"; the goal isn't developing space tech, it's escaping the world instead of fixing it with their resources.