If we end up in a situation where Europe out of fear of losing America, takes an active leadership role and starts hugely investing in their military but oh it actually turns out we didn't lose American support, they're back and now for 4 more years, well, now we have America's ridiculous sized military industry back but we also have a Europe who has a lot of excess now too.
Who cares? The more support for Ukraine the better, the only possible way such a scenario could be seen as a bad thing is by America upset at losing a little influence over Europe and penny pinchers in Europe who think they wasted their money because daddy America is back to protect them. Neither of those are better reasons than saving Ukrainian lives and ending this war sooner.
Europe should move forward under the assumption that Trump will win, even though I don't think he will.