Netflix Shares Slump On Trans Boycott Call

Netflix has lost an estimated $15 billion in value over the last few days after Elon Musk encouraged Netflix’s 226 million subscribers to cancel their subscriptions following multiple troubling accounts of transgender messaging to young children, tweens, and teens.  

The bad news for Netflix began Monday when Libs of TikTok posted a clip from “Dead End: Paranormal Park,” one of several animated series aimed at kids produced by Netflix.  

“This is not ok,” Musk declared.  

When Libs of TikTok issued a second post Wednesday on X highlighting another Netflix series, Musk doubled down, urging parents to “cancel Netflix.”  

“‘The Baby-Sitters Club’ pushes TRANSGENDERISM on KIDS, shames characters for ‘misgendering’ and demands hospital staff refer to and treat a boy as a girl,” Libs of TikTok wrote

“INSANITY,” said LoTT. “This show is rated for CHILDREN. CANCEL NETFLIX.”

“Cancel Netflix” soon became the top trending topic on X, as the streaming platform hemorrhaged tens of thousands of subscribers and stock market value.

As of yesterday, Netflix shares have fallen an additional 1.04 % today after plummeting 2.3% on Tuesday and an additional 2.9% on Wednesday. 

“First they release a trans cartoon for kids from a guy who celebrated Charlie’s murder,” Handley said. “Then Elon Musk says he’s cancelling his Netflix subscription which triggers a boycott.”

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