No, it costs $2,300. They have developed the tech to do multiple stacked waveguides (12 I think?) but this device only does 2, probably for price reasons. Anyway the company is valued at $4.5 billion which has nothing to do with how much it will cost, only the amount of profit they think they can make from devices and patent licensing.

> You could go to the moon with that cash.

Not quite, but you could get low Earth orbit.

To compare, ST3, the light rail project in the Seattle area, is costing about $54 billion. That could take 1 WA State resident to the Moon and back.

Other similar devices (Hololens, Oculus Rift, Google Glass, etc.) have had similar costs. Remember that not all of the costs are hardware design or even production, they need to build a developer ecosystem, software, do marketing, etc. The costs involved in bringing a new hardware device in a new category to market are much higher than a CRUD web app... CastAR raised "only" $15M, which is enough for some software startups to operate for years, and crashed and burned.

Hell, you could go to Mars with that cash! After all, a rocket ship is basically just a tube with fuel strapped to one end and people strapped to the other.