I read recently that they have 6 more starships fully stacked and ready to go. I have no idea what I'm talking about, but just offering a counter argument for funs sake.
Yup, they have money to (literally) blow regarding these rockets. It isn't just the process of rapid iteration with rockets though, there are some other things. Big Aerospace apparently has a lot of legacy practices to it that are just there from decades ago but which are not really necessary anymore, which SpaceX cuts out. Also, due to technological advancement, a lot of commercial grade components are just as good as what previously were aerospace-grade.
Elon has what he calls an Idiot Index. This is basically a ratio of the raw material costs of a product versus the cost to manufacture it. If the Idiot Index shows a part should cost far less to make than what a subcontractor is offering, SpaceX will often build it themselves. SpaceX has in the process dealt with hundreds of subcontractors that wanted astronomical amounts of money for parts that really didn't cost that much. For example, there was one part that the subcontractor quoted for $100,000. Elon said to his engineer, "That part is no more sophisticated than a garage door opener. Your budget is $5000." The engineer made it work for a budget of slightly over $5K, so he presented it to Musk with a detailed report about why the costs were what they were and Elon accepted. On some parts, SpaceX has apparently designed and built better versions of what a subcontractor was offering but for far cheaper.
So this process of identifying cheaper non-aerospace grade components that are just as good as aerospace grade, designing and making a lot of parts in-house to avoid the subcontractors, and blowing up rockets and learning iteratively, is a good part of how SpaceX has had the success they've had.
They've also been willing to just try things others haven't and say can't be done and are stupid to try, and have benefited from access to the NASA Technical Archive.