can read the messages
Its about their ability to read the message, not the encryption. If anyone else other than the intended recipient, be it Meta or Google or the government, can read the message, then its not "end to end" anymore.
Also even if it were about the keys, it still wouldnt be e2ee, because the app is a black box controlled by Meta so the key is in Metas hands by definition. Any piece of software that they have sole control over is "their hands" and when exfiltrating the messages from your phone they are using that key to decrypt the messages and send them to their servers.