Netflix’s stock took another major hit this week — sliding nearly five percent — marking its steepest decline since early April. The selloff follows growing public outrage over the streaming giant’s decision to promote transgender and LGBTQ themes in content aimed at children.
The backlash reached new heights as Tesla and SpaceX CEO Elon Musk urged his 227 million X followers to cancel their Netflix subscriptions, accusing the platform of “pushing trans messaging in kids’ shows.” His viral post — “Cancel Netflix for the health of your kids” — quickly gained traction among parents and viewers concerned about the company’s programming choices.
According to Yahoo Finance, Musk’s boycott campaign has amplified a broader subscriber exodus that began last month. Many point to the controversy surrounding Hamish Steele, creator of Netflix’s animated series Dead End: Paranormal Park. After the tragic assassination of conservative leader Charlie Kirk, Steele took to BlueSky with a vile outburst, calling Kirk a “Nazi” and unleashing a string of profanity-laced insults toward conservatives.
The fallout has been swift. Parents, investors, and faith-based groups have blasted Netflix for platforming creators who attack traditional values while producing content that exposes children to inappropriate themes — from same-sex romantic scenes to cross-dressing storylines marketed as family entertainment.
This is not the first time Netflix’s far-left programming has hurt its bottom line. In 2022, the company closed out its worst year in over a decade, losing more than half its market value — about $136 billion — as subscribers fled amid similar cultural backlash.
Dead End: Paranormal Park was ultimately canceled in 2023 after just two seasons, but the brand damage appears to linger. The latest stock slump suggests that ordinary viewers — not just outspoken public figures — are finally voting with their wallets.
For many, the message is clear: families don’t want ideology disguised as entertainment.
This is part of the Obamanation culture clash! He thinks he’s so slick as he pulled off an illegal presidency with his trans partner and he is part of the Satanic push for sinful behavior in the eye of God! May his Netflix crumble like the wall of Jericho!
My family is canceling Netflix because of their leftist trans views, we don’t want to see that, don’t care what you do behind closed doors. Christian families like mine don’t want to see that drivel.