Everyone in the industry is looking at this. There is a great graph out there by one drive manufacturer that overlays $/GB for different HDDs and SSD technologies. For example, 15K and 10K RPM drives no longer are cost effective to produce. You are better going with SSDs. 7.2K will be next and some of the "lower end SSDs" are encroaching on that. 5.4K will likely live a longer time and if you keep "HDD as archive" you might project these drives to be alive in the foreseeable future (then factor in SMR, HAMR, then SMR plus HAMR.... and $/GB gets pretty cheap). After all, if you aren't keeping 100% of your data "in flight" keeping it at rest on a cheaper medium seems a sane thing. (Tape backup systems are _still_ for sale and in use...)
Another interesting back of the envelope to do is look at Fab capacity for SSDs and compare it against HDD capacity sold. How much Fab capacity has to be available to serve the total storage demand? If there is a shortage of Fab plants, then a price premium for SSDs is easier to maintain (and may benefit some flash manufacturers in the short term to keep the price premium in place). Looking at the economics of building enough Fab capacity gets interesting quick.