No... 3k just for the radio - actually, an IC-9700 is about $2k now.

Then add the yagi antenna, az/el moon tracker, amplifier, coax, etc. It really starts to add up.

I've never done this but I've worked a bunch of satellites and the ISS repeater. It's generally the same stuff, just a bit more powerful and precise.

Can be done more cheaply if tou are good at reusing things and building.

Can be cheaper than that. I picked up 2 used icoms for about $500. I haven't tried to moon bounce with it yet, but the one should be able to (and do satellites too). So the radio by itself would have been about $300 and the antennas are self built.