I'm not convinced that's true. If you look at past space telescopes, launch costs are not a large part of the budget. Even if SpaceX gave everyone free launches as a goodwill measure, you'd only make space telescopes maybe 2-5% cheaper. There's very real challenges that space based telescopes have that Earth based ones don't (how do you make a cryocooler that doesn't vibrate your optics? How do you make a machine that can run for years without maintenance? How do you get precise enough positioning to interferometry?). My understanding is that due to adaptive optics, being ground based isn't much of a problem for visual telescopes. And for large radio telescope arrays, I don't see how it's possible at all to move to space