Can high-power microwaves reduce the launch cost of space-bound rockets?

Governments throughout the world use rockets to launch satellites and people into orbit. This currently requires a lot of high-energy fuel, which is 95% of total rocket mass. Because the launch cost of a rocket can reach 10 billion yen, launching a 1-gram payload is said to be the same as buying 1 gram of gold. Minimizing the total cost of launching rockets would maximize the scientific payloads and increase the feasibility of space exploration.