But for Earth, even if it was free to put the PV in Earth orbit, the ground stations need to have an incredibly low total cost to make sense.
I can't remember how low exactly.
Also, cheapest ground-based PV in the world is 1.04¢/kWh (Saudi Arabia), and the cheapest in the USA is 1.50¢/kWh (New Mexico), so 0.7¢/kWh is already a large percentage.
https://commercialsolarguy.com/lowest-solar-power-prices-in-...
At ideal locations, ground solar is super cheap, but the microwave receiver works anywhere. Not needing storage is a big difference, too.
(I really should get around to blogging what I think is wrong with this whole approach to space solar, where it works despite that, and how to improve on it for Earth usage; it comes up here every so often, and linking to my blog is easier than disjointed comments without images).
In response to his famous question "what's the conversion rate," the answer is about 50%, according to the book The Case for Space Solar Power. That's not bad considering a panel in geostationary collects five times as much energy in 24 hours as a panel on Earth.
Musk will find a way. Another stepping stone to Mars.