The only thing it can mean is Spacelift have to license Terraform from Hashicorp, and pass the cost onto the customer, making them less price competitive than before. That's literally it. I'm confused by the moral high horsing PR release. Time to pay up.
The big question is whether they fork Terraform or not.
Putting my cynical hat on, if I were running Hashicorp, I would be happy to give cheap licenses to anyone who wants one right now. The danger for Hashicorp is that people might fork Terraform and create a competitor. Right now, with the PR around the license change, is the most likely time for a fork to happen. It would be better to kill off competitors one by one, by raising prices slowly.
Spacelift must know this is a danger, though. So it might be better to fork even if there's a cheap license on offer.