We are back to the 90s, the Fed raised the rates by 0.50% - nothing is going to stop the trend of further rate hikes - which in turn will keep on taking the air out of the balloon so called Crypto.
But still though, bitcoin will survived this rate hike and it will proved again how good bitcoin as an asset in times like this.
I'm not sure about your title though, Elon Musk? he won't save Doge or Bitcoin because he will not. He has other endeavors and I doubt that crypto is going to be a priority with him. He is considered as a crypto influencers for some, but that's it.