Another way to look at the price is from supply/demand angle. Even if real cost of falcon 9 launch is much lower than its price, SpaceX can not just lower the price, otherwise they will need to handle even greater demand.
Even with current price their launch cadence grows exponentially year by year. With lower prices they would need to grow even faster.
I think where the economics around that get screwed up is that supply <-> demand are very disconnected from each other here - tens, if not hundreds of millions and in a few case billions of dollars are spent on the payloads for Falcon, and Starlink - SapceX itself is 2/3rds of their own volume. Before Starlink started launching there were clear signs that SpaceX was building more capacity then the market could bear.
If you don't gain any additional volume by lowering cost, it doesn't make any sense to lower your cost.
It also doesn't help that Rockets (for fairly obvious reasons) are highly regulated, which further distorts this market.
Another way to look at the price is from supply/demand angle. Even if real cost of falcon 9 launch is much lower than its price, SpaceX can not just lower the price, otherwise they will need to handle even greater demand.
Even with current price their launch cadence grows exponentially year by year. With lower prices they would need to grow even faster.