So that new Chevy Tahoe would run about $500,000,056,000.00..............Without cash for klunkers incentives.
You are wrong, because that is not what they are attempting to do. it is a false argument.
Compare the cost of iron ore and water mined or collected on the Earth and transported to the Earth’s Lagrangian point in space to the cost for the same goods obtained from an Earth asteroid or the Moon and transported to the same Earth Lagrangian point. The asteroid sourced material is far less costly per kilogram.
And yet that whole equation would be upended by a revolutionary leap in the technology we use to get from point A to point B.