But the apples to oranges here is >1 launches (SpaceX, some successful and some unsuccessful) vs 1 successful launch (traditional modern aerospace).
From an outcome perspective, it's hard to ever see the lower launch rate dominating from any perspective.
You don't have economies of manufacturing scale, because your assembly rate is so low it doesn't make sense not to treat each as exquisite.
You don't have rapid iteration on manufacturing improvements, because the tyranny of safety checks on manufacturing time balloons {time from fix to flight}, after a proposed fix is identified.
And most importantly, you leave yourselves extremely vulnerable to unknown-unknowns, that you can't imagine in the design phase.
For example, if NASA had been launching the shuttle more rapidly, with the bulk of those being uncrewed launches, they probably would have picked an uncrewed launch to test expanding the temperature bounds at Cape Canaveral, and Challenger would have exploded without a crew.
As was, NASA's shuttle launches were so rare that there wasn't acceptable launch rate and weren't low-impact launch opportunities to do so. So they tested it on a crewed mission with disastrous results.
Point being: they backed themselves into a low-volume/high-risk corner of their own strategic design
SpaceX's most brilliant achievement was using Starlink to artificially boost launch demand and give them a minimally-profitable/break-even place to sink higher-risk launches.