This "lengthening of telomeres" effect was measured only in blood samples? If so, then maybe it is not a lengthening of telomeres in the bone marrow cells that produce the blood cells, but instead an increase in the preservation of telomere length in the cells produced, instead of a reduction occurring in the process. So, perhaps the produced blood cells have longer telomeres when produced in space, compared to those produced on Earth, but the stem cells themselves do not have increased telomere lengths. That would help explain why the effect vanishes so quickly when the astronauts return to Earth, and also why the final result is still a reduction in the telomere length in blood cells. The stem cell telomere lengths might be getting reduced at the normal on-Earth rate or even faster while in space, but the product blood cells generation with enhanced telomere reproduction could swamp that effect on result based only on blood samples.
Just at thought, but one that I think needs to be addressed before jumping to conclusions about effects on cells that were not measured directly.