Elon Musk Backs Netflix Boycott: Streaming Giant Loses USD 15.1 Billion in Market Value After Mass Subscription Cancellations Over ‘Woke’ Content Row
Netflix has reportedly lost around USD 15.1 billion in market value after a subscription backlash sparked by Elon Musk’s criticism. The controversy followed the hiring of Hamish Steele, who faced accusations over pro-trans content and remarks against Charlie Kirk. Musk urged users to 'Cancel Netflix' intensifying the protests and fueling mass subscription cancellations.
Netflix has reportedly lost USD 15.1 billion in market value after a wave of users began cancelling their subscriptions, following criticism from Elon Musk. The backlash started after Netflix hired Hamish Steele. Musk reshared a post on X on October 1, where a user said they cancelled Netflix because it hired "someone who celebrated the murder of Charlie Kirk and makes content that pushes pro-trans content on my kids.” Musk responded and said, ”Same.” Tesla CEO went further and said, "Cancel Netflix for the health of your kids." As per a report of Times Now, Hamish Steele, the creator of the animated series "Dead End: Paranormal Park", faced backlash over pro-trans content and has allegedly mocked the death of Charlie Kirk. In a post on Bluesky, Steele referred to Kirk as "nazi". On October 2, he reposted another user, Graham George Linehan, who also cancelled his Netflix subscription, and Musk added, “Cancel Netflix.” As per a post of (@cb_doge) on October 2, 2025, Netflix has reportedly seen a loss of USD 15.1 billion in market value after users began canceling subscriptions in protest against its "woke" content. Elon Musk Cancels Netflix Subscription Over Transgender Content Shown in 'Dead End Paranormal Park' Kids Cartoon and Its Director Hamish Steele Mocking Charlie Kirk’ Murder.
Elon Musk Cancels Netflix Subscription
Elon Musk Says ‘Cancel Netflix for the Health of Your Kids’
Elon Musk Says ‘Cancel Netflix’
Netflix Mass Subscription Cancellations
Netflix Has Lost USD 15.1 Billion in Market Value
(SocialLY brings you all the latest breaking news, fact checks and information from social media world, including Twitter (X), Instagram and Youtube. The above post contains publicly available embedded media, directly from the user's social media account and the views appearing in the social media post do not reflect the opinions of LatestLY.)