The baseband hardware is not integrated the same way like other phones are.
Also, "people" who buy a Google-Pixel-level phone every two years are likely among the richer... let's say 10% of the world's population? Probably even less. The rest - don't do that.
>A component being on a separate chip is orthogonal to whether it's isolated. In order to be isolated, the drivers need to treat it as untrusted. If it has DMA access, that needs to be contained via IOMMU and the driver needs to treat the shared memory as untrusted, as it would do with data received another way.
A connected world full of devices with excessively vulnerable hardware & software is also something GrapheneOS are desperate to avoid.