From Bakugo's pov it undoubtly looks like that, which is why he's so angry, but it's also because Bakugo can't understand someone might have something more important in their sights than winning this tournament and proving they are the strongest. It was a different thing when Todoroki was fighting Izuku as back then he was still confused and hadn't figured out what to do, so the only thing he could do was to push forward on the same old path. Between these fights and still during this fight he had enough time to realise what he wants to do, and winning that contest had nothing to do with it. He doesn't care about being recognized as the strongest hero candidate, he only cares about saving his mom for the time being. Yeah, if he can't even save his own mom, how could he be a hero who would save numerous other people?
You can say he's shitting on the determination of most of the students there, but so what? It's up to him to decide what he wants to do. If the others have something to complain about, they can start by getting strong enough to face him in the first place.