I believe that $1M includes the booster stage, and that for suborbital p2p travel you should be able to skip that. The booster consumes the majority of the fuel

I believe that $1M includes the booster stage, and that for suborbital p2p travel you should be able to skip that. The booster consumes the majority of the fuel, has a lot more engines (which require upkeep), and so on. $1M for an orbital flight strikes me as an insanely aggressive target, but if they can achieve that, they can probably achieve half that, or less, for suborbital hops.