I understand, but the shuttle was never really a feasible system to get payloads into orbit at a reasonable price. It was used to deploy some US payloads, but all private, commercial, payloads were going up from russia at that time.
SpaceX is a commerical company that, i suppose, wants to offer transfer into orbit at a competitive price and acceptable risk of loss.
I cannot say if they will succeed in that or not based on a single re-use of a vehicle. The future track record will tell that story, and if they keep up the work we'll all see the data.
Another thing is that the space shuttle was intended to carry people which reduces the acceptable risk of catastrophic failure to zero.
This demand was not met with one exploding on launch and another breaking up on re-entry. With a 130 or so launches resulting in 2 deadly events claiming 7 lives each the platform proved unsuitable for human transport and was binned. As for cargo transport these figures are very good though, possible the best in the industry, although the things were to expensive to launch anything but the most valuable payloads.
The goal for SpaceX I believe is a price reduction of ~30% on launch cost, which when a launch costs ~$65,000,000, that's a big saving. We know SES-10 received a discount, although we don't know exactly how much. We also know they didn't see any noteworthy increase in launch insurance costs.
Doing some more reading for a refresher, their goal for re-flights per core is 10 launches without refurbishment, i.e. very few, if any, parts being replaced. With refurbishment they are aiming for 100 launches per core. At present pad turnaround is ~2 weeks it seems, perhaps a little less, as long as the range isn't in use by another launch at least. So as long as they have a rocket ready and the range is free, they can launch every two weeks. The turnaround goal is 24 hours.
Fuel costs are a tiny fraction of the total launch cost, high estimates are $300,000 or about 0.5% of the total launch cost ($62M).
Falcon 9 Block 5 and Dragon 2 are being designed to carry crew, Falcon Heavy will be used to send people on a free return orbit around the moon. So Falcon 9/Heavy are intended to be man rated eventually, they are just working their way towards it. The first crewed launch is scheduled for May of next year.
Shuttle reliability, even for Cargo missions, is not the best in the industry, certainly not if you're accounting for cost too. Atlas V for example has a perfect mission success rate, with all 70 launches achieving their mission goal, one or two suffered anomalies but still completed the mission.
Soyuz has over 900 successful missions, with an overall success rate of 97.5%, 1% lower than that of the shuttle, but it's also far cheaper.
Maybe it won't work out for SpaceX, but so far things are looking encouraging. At the very least, they're creating some competition and showing that these things can actually be done.