I am generally quite excited about space exploration and other scientific pursuits. I also think that it is justified to spend resources on these even while humanity faces other existential crises (to a certain degree).
However, I am less and less convinced that “terraforming Mars” is a worthwhile endeavour.
This article may have been what finally tipped the scales for me:
https://defector.com/neither-elon-musk-nor-anybody-else-will-ever-colonize-mars

Neither Elon Musk Nor Anybody Else Will Ever Colonize Mars | Defector
Mars does not have a magnetosphere. Any discussion of humans ever settling the red planet can stop right there, but of course it never does. Do you have a low-cost plan for, uh, creating a gigantic active dynamo at Mars’s dead core? No? Well. It’s fine. I’m sure you have some other workable, sustainable plan…