Plus:

I flew into MAD on UX1094 last Friday, and although I maybe could have made such a connection, I would have been totally uncomfortable with it. The 787 docked at the intercontinental side of the terminal meaning we were bussed to the terminal which took a good 10 minutes (after it had already taken some 15 minutes for the stairs and buses to show up at the plane, while we had not even arrived early), then we were dropped into a "holding queue" for Covid document scanning. As at the end of that queue connecting passengers and those travelling into Spain (like me) were separated so I do not know whether the connecting passengers also got their QR code checked, but it surely held them up as much as it did those entering Spain. Let's say that there were a few possible improvement points in how efficiently all of this was handled (the same goes for leaving Spain, but that;s irrelevant for here), not making connections any quicker.

Decision is of course all yours, but keep in mind there's quite a bit more to it than just whether or not you'll have to re-enter the terminal, especially at the moment.