Spacex also has the great advantage of all the original ground work for an engine of that class of power having been not only planned, but built and actually used in the original F1.
For instance, solving the very large combustion instability problems at the face of the large injector needed for such power almost was a show stopper for the entire Apollo project. This was eventually solved by the complex baffles installed directly on the injector face,which stopped the vibrations there from propagating and destroying the entire engine.
Having this type of very expensive research and testing be already done should be worth literally $billions to someone else also wishing to build such an engine!
However, having had experience in manufacturing for such large liquid propellant rocket engines, I can tell you that it will neither be as easy, nor as cheap, as some here might think it is going to be. Just having even the handling equipment to move around the various major sub-assemblies for a 14,000 lb (that is in weight of the engine itself, not in its thrust) class engine is not cheap in itself. And the machines needed to cut and shape the very tough metals needed to stand up to the temperatures and pressures generated by such an engine are NOT cheap by any stretch of the imagination!
However, I would think that 1.0 to 1.5 $billion should do the job without too much difficulty.
Some 65 of the fantastic F1 were built on a production line basis, but Rocketdyne had to even have its own separate building just to house the final assembly lines for such a large engine. This also will not be cheap.
And the idea that because this is not a directly sponsored governmental project is going to somehow make it easy and cheap to accomplishes is just so much wistful thinking! Even such a rah rah type of person as Eon Musk himself has found that out through his experiences in this field. The dictates of the Laws of Physics make this particular industry the toughest and most technologically challenging in the history of mankind. And the safety and reliability needed (especially for Human space operations) are far above anything else ever even attempted by mankind.
However, I do have hope that all of the experience in this field will result eventually in a true Cheap Access To Space so that mankind can and will get out into the solar system in a reasonably short time frame.
Because, if we do not then the "doom and gloom" types will have been proven correct, and the great experiment (and whether you attribute that to God or pure chance does not matter in the final analysis) will have tragically failed!! :x :x
But I do have hope......
Have A Great Day Everybody!