Yes, that's the Musk perspective. But he's wrong.
What we need on Mars is robotic mini factories, hundreds of them. Actual industrial infrastructure. Not people. People can come later, after all the parts and pieces are in place.
Advocacy of the same mistake we made with the Moon for Mars does not create a space faring people.
Why do you even care? Are you such a philanthropist? You'll be dead and gone long before we will be in the black from space exploration. In fact, profit over expense will probably never happen.