Netflix Loses More Than $15B in 1 Week
2nd October 2025
Streaming giant Netflix saw its shares drop 2.4% this week, or the equivalent of more than $15 billion in only a few days, following the call for a boycott of the company from Tesla CEO Elon Musk, Forbes reported on Thursday.
Musk, billionaire and former White House adviser, urged his 227 million followers on X to cancel their Netflix subscriptions ‘for the health of your kids’ and slammed a cartoon he claimed promoted a pro-transgender agenda to children. Musk was referring to “Dead End: Paranormal Park,” an animated series featuring a gay, transgender teenage boy and a bisexual girl with autism.
The hashtag #CancelNetflix soon went viral.
October 2nd, 2025 at 21:00
I thank most profusely my lucky shzt for never having felt any inclination whatsoever to join the Netflix crowd.