Elon Musk’s “Cancel Netflix” Post Reportedly Sends Billions Off the Platform’s Value

Netflix’s value has reportedly dropped around $20 billion as many users have started canceling their subscriptions. This negative reaction is said to have begun after Elon Musk encouraged people to boycott the streaming platform.

Musk voiced his dissatisfaction with the content on Netflix via X, stating that he believes the platform is pushing a “woke agenda” in programs designed for younger viewers. His comments have resonated with his followers, resulting in subscription cancellations and extensive online conversations.

The disagreement started after Musk responded to the animated series Dead End: Paranormal Park, which includes a transgender character. Musk wrote, “This is not ok,” explaining he was worried about the show’s content and whether it was appropriate for young viewers.

Other programs, like The Baby-Sitters Club, have faced similar backlash. For example, one moment showed a character correcting a nurse for using the wrong pronouns for a child, and some people on the right, including Elon Musk, felt this wasn’t suitable content for children.

As a critic, I’ve been watching the fallout from Elon Musk’s comments, and it’s fascinating. Political commentator Gunther Eagleman quickly jumped on board, essentially telling his followers on X to “Cancel Netflix,” – a message that Musk himself then amplified by sharing it. It’s a clear show of support, and a pretty direct call to action, if you ask me.

Beyond criticism from Elon Musk, many viewers also highlighted problematic statements made by content creators. For example, Hamish Steele made comments about politicians that received widespread disapproval.

The negative reaction has brought to light the increasing disagreement between Netflix and viewers with conservative viewpoints regarding what shows and movies it offers. Elon Musk’s statements essentially triggered the recent decrease in the number of subscribers and the company’s overall worth. This tension has been building for some time, and his comments acted as a catalyst for the current situation.

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2025-10-03 11:14