Yes it does. That it opens in the context of the status of the heavens [galaxies] and the earth having a BEGINNING allows no other reading. Genesis second verse is equally powerful: that before any science kicks in - the premise of the formless has to be given form applies. Genesis must be judged on the premise of its stated position the universe is absolutely finite - and it prevails when this is done. A finite uni is not in contradiction of state of art science. Hawkin's BHT even agrees time itself had a beginning. It means everything contained in a finite universe is also finite and never existed at one time: a finite realm cannot contain an infinite.