Just to add to what others have said: Getting a faculty position is a long shot. But that doesn't make doing a Physics PhD a bad option.

Do a PhD because you enjoy the subject. Not because you can't think of anything you'd rather spend the rest of your life doing, but because you can't think of a more satisfying way to spend the next ~5 years. See the PhD as the goal it self, rather than as a means of achieving some other goal.

This might be bad advice it it left you in a bad place afterwards - sacrificing 5 years of enjoyment for starting the rest of your life at a disadvantage. But doing a physics PhD will leave you at an advantage for whatever else you might do with your life other than Physics research.

Just to add to what others have said: Getting a faculty position is a long shot. But that doesn't make doing a Physics PhD a bad option.

Do a PhD because you enjoy the subject. Not because you can't think of anything you'd rather spend the rest of your life doing, but because you can't think of a more satisfying way to spend the next ~5 years. See the PhD as the goal it self, i.e. spending 5 years of your life being paid to do something you love, rather than as a means of achieving some other goal.

This might be bad advice it it left you in a bad place afterwards - sacrificing 5 years of enjoyment for starting the rest of your life at a disadvantage. But doing a physics PhD will leave you at an advantage for whatever else you might do with your life other than Physics research.