Nope. That’s the elementary school reading of Nietzsche.
Now to what ol’ Friedrich was actually getting at. He was saying that all knowledge and progress is from a perspective, and furthermore was observing that with the loss of binding religion that had pervaded all culture, we’d need to create new horizons and values, of many different kinds, all instantiated by and for humans rather than handed down from some higher power or metaphysical authority.
In other words, we must become the god we killed; Nietzsche was not saying all hope of a shared future or futures was lost, but that now we were wholly in charge of creating any of that.
As I’ve said before, the philosopher Baby Queen understands Nietzsche better than most people who read him, including Nils Gilman.