Mostly right, but a bit misleading.

Almost every internet connection you make creates new keys. The miracle of encryption is that two people can stand in a room filled with cryptography experts and yell numbers at each other, and those two people are able to establish a secret between them that nobody else in the room can know, even though everyone else in the room has heard the conversation from the very beginning. Once you share a secret, you expand upon the secret to share more information.