I think SpaceX is sufficiently motivated by their man at the top that they'll keep doing great things even in the total absence of competition. But it would still be great to see others go this way, to see different approaches tried and such. It sounds like some other launchers were looking at reusability plans before (Ariane had plans for some wacky thing that would fly back just the engines) but now that it's been demonstrated to work I imagine it will become much more serious.