Don't mistake me, ADA is an excellent coin and project and might do really well in terms of price in coming time but that has nothing to do with Elon Musk because he is only investing in bitcoins and dogecoins as far as I know. These fake news might be spread by some ADA believers and holders and I believe the team behind ADA and guys like Charles Hoskinson will never do such cheap stunts and spread fake news.

All said and done, I think it would have been much better had Elon Musk actually invested in ADA instead of dogecoin because it makes really no sense investing in a dead coin and trying to lift it, when new and really amazing projects are out there and begging for support.

I am positive about ADA but I don't think Musk is going to even touch it anytime soon. He might pump another dead coin once he is done with the doge drama.