I’m a big fan of going to Mars and colonizing it etc, but I seriously doubt it will end up as imagined, or at least within the optimistic timescale. I think it will be very relevant to be a large outpost, to do R&D, a closer base to the asteroid belt for resources, and a great adventure which many should at least try, but we are very very far from making it anything Earth like. No magnetic field, no atmosphere, even after terraformation it still has to develop the oceanic and wind streams which shape the planet, not even talking about ecosystems. Genetically modified humans could survive better, so it’s interesting what our species will evolve into under those circumstances, most likely within decades from the first arrivals, that might be something that can work out better than waiting for a full scale terraformation.
On the other hand, even though I don’t like Jeff Bezos much, his plan to make space colonies totally suited to our needs makes more sense from purely a survival standpoint. Having a vibrant orbit around the planet with several bases with millions of people, moving most of the heavy industry there, and preserving the Earth mostly for living and repair the damage made to the wildlife, would be a great achievement, and more optimal for us as well.
Paradoxically, while Musk promotes the Mars colony idea, I think he will still be the largest contributor to an orbit ecosystem and a larger colony on the Moon, since there is no one nearly as advanced in rockets as SpaceX, no one as visionary and bold.