Netflix Hemorrhages $15 BILLION in Just One Week After Elon Musk Calls for Boycott Over Woke Cartoon Pushing Trans Agenda to Kids

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Netflix homepage displaying various shows and movies with a promotional message about watching anywhere and canceling anytime.

Netflix is in free fall.

The streaming giant lost more than $15 billion in market value in just one week, according to Forbes, after Tesla CEO and X owner urged his 227 million followers to cancel their subscriptions “for the health of your kids.”

Musk’s call to action came after he blasted a Netflix cartoon, Dead End: Paranormal Park, which features a gay transgender teenage boy and a bisexual girl with autism as main characters, a show that has been marketed to children as young as seven, according to Newsmax.

The boycott gained traction after the conservative account Libs of TikTok exposed the show’s content and resurfaced disturbing allegations about its creator, Hamish Steele.

“Meet Hamish Steele, creator of a kid’s show on @netflix which teaches kids they can be transgender. After Charlie [Kirk] was ass*ssinated, he called Charlie a nazi and had a meltdown because people were mourning him. Netflix is SILENT. Their silence is deafening. CANCEL NETFLIX,” Libs of TikTok wrote Wednesday.

Although Steele has denied mocking the death of Turning Point USA co-founder , conservatives were outraged that Netflix continues to host Steele’s cartoon while simultaneously promoting it to impressionable children.

The backlash has been swift. Netflix’s stock fell 2.4% this week, wiping out over $15 billion in value.

According to Newsmax:

Musk’s boycott calls thus far have made a small dent in an otherwise strong year for Netflix’s stock and revenues. Shares are up 30% since January, when they traded around $886. In its July earnings report, the company posted a 16% year-over-year revenue increase to $11 billion, while net profit jumped 46% to $3.1 billion.

Netflix also raised subscription prices by at least $1 across all plans at the start of the year.

It’s not just Dead End: Paranormal Park — Libs of TikTok has also highlighted several other shows that push the LGBT agenda on young kids.

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Jim Hᴏft
Jim Hᴏft is the founder and editor of The Gateway Pundit, one of the top conservative news outlets in America. Jim was awarded the Reed Irvine Accuracy in Media Award in 2013 and is the proud recipient of the Breitbart Award for Excellence in Online Journalism from the Americans for Prosperity Foundation in May 2016.

You can email Jim Hᴏft here, and read more of Jim Hᴏft's articles here.

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