No, this is not correct. The correct statement is that the concept of "elapsed time" does not apply to a photon; it only applies to timelike worldlines, not null worldlines.

To put it another way, if your statement were true, it would mean that the origin and destination events were the same point in spacetime. But they're not; they're distinct points in spacetime. Which means that, since the spacetime interval along the worldline is zero, you can't use the interval to distinguish points on the photon's worldline. And the concept of "elapsed time" requires that you be able to do that. So the concept of "elapsed time" can't be used for a photon.

So you are completely incorrect insofar as what you are saying is physically nonsense.