Netflix Stock Drops After Boycott Over Trans Content for Kids

Netflix stock went down 2.4% following Elon Musk announcing earlier this week that he was canceling his subscription.

The billionaire Tesla founder made the proclamation on X Tuesday after clips of multiple children’s shows available on the platform started going viral. These animated shows, which were targeted at kids ages 7 and up, included explicitly LGBT storylines. One of the most egregious examples, “Dead End Paranormal Park,” included a cartoon character who identified as transgender.

“Cancel Netflix for the health of your kids,” Musk instructed his X followers.

Besides saying he was canceling Netflix, the SpaceX CEO reposted a meme of Netflix smuggling in a “transgender woke agenda” via a Trojan horse.

Following the clips going viral, Netflix stock dropped, and was down 2.4% as of Friday, per Forbes. Many X users flooded the platform with screenshots of proof that they had canceled their subscriptions. Netflix shares are down 4.4% in the last five days of trading, the outlet noted.

Shares for the streaming platform have recently been on an upward trend, rising 30% since the beginning of last year. But Musk’s calls for a boycott did seem to make an impact, and social media users are celebrating.

The offending television show wasn’t just one isolated incident. Clips have been circulating all over X highlighting LGBT themes in Netflix content aimed at young children. Another clip going viral is part of the animated show “Ridley Jones,” which includes Fred, the non-binary cow, fretting over using a “different name and pronouns” for the first time since last seeing his grandmother.

In the animated show “Jurassic World: Camp Cretaceous,” two women share a passionate kiss.

“CoComelon Lane” is also listed as one of the shows inspiring the boycott as it features a little boy wearing a princess dress for his two gay “dads.”

The animated show “Strawberry Shortcake: Berry in the Big City” promotes transgender drag queens to kids.

Chaya Raichik, who runs the popular account Libs of TikTok, has been leading the charge to expose the content of these shows and has been reposting screenshots of users proving they canceled their Netflix subscriptions, too.

She also noted that Hamish Steele, the trans-identified creator of the show “Dead End Paranormal Park,” made vulgar comments on Bluesky following the assassination of Charlie Kirk last month.