Most of what SpaceX has already achieved has sounded similarly, but costs were so astronomical to begin with that it didn't make any immediate difference to most people. So for instance the Space Shuttle was only retired in 2011. After all was said and done it ended up costing $1.6 billion per launch - about $30,000 per pound of payload. The Falcon Heavy costs about $0.1 billion (in reusable mode) and brought the costs down to less than $700/lb.
That's a greater than 40x reduction in costs, which sounds too good to be true - but the problem is that even at $700/lb, that's still far too expensive to do anything remotely interesting. But take that down again and suddenly everything changes and we, more or less instantly, enter into an entirely new stage in human development and history. It'll be akin to the automobile. Henry Ford didn't make the first automobile, but he did make the first commercially affordable one. And, in the blink of an eye, society permanently changed because of it.
---
As a fun aside, when doing a web search to grab the numbers above somehow this [1] ended up in the search results. It's from 2012 and somebody pondering SpaceX's wild claims of being able to get costs below $1,100 per kg ($1,500 inflation adjusted).
[1] - https://news.ycombinator.com/item?id=3992936