Elon Musk Leads Global #CancelNetflix Movement Over Kids’ Content, Stock Dips

Billionaire entrepreneur Elon Musk has canceled his Netflix subscription and urged his 190 million followers on X (formerly Twitter) to do the same, sparking a global #CancelNetflix movement that is already rattling the streaming giant.

The campaign erupted after resurfaced comments from Hamish Steele, creator of Netflix’s now-cancelled animated show Dead End: Paranormal Park, in which he allegedly called conservative activist Charlie Kirk a “Nazi” and celebrated his death in a shooting incident. Critics also accused Steele’s show of promoting “pro-trans content” to children.

Musk reposted a user who declared,

“If you employ someone who celebrated the murder of Charlie Kirk and makes content that pushes pro-trans content on my kids… you will NEVER get a dime of my money.” Musk replied simply: “Same.”

Stock Market Reaction

Shares of Netflix fell between 2–3% in early trading following Musk’s announcement, with analysts warning of potential subscriber losses if the boycott gains momentum. The hashtag #CancelNetflix has trended across X, Instagram, and Facebook, with thousands of users posting screenshots of their cancellations.

Supporters’ Concerns

Musk and his supporters argue the boycott is about protecting children.

“This goes way beyond cancelling Netflix,” read one viral post Musk amplified. “This is you fighting back and taking a stand… Enough is enough. Go woke, go broke.”

Critics of Netflix accuse the platform of embedding “ideological content” in children’s programming, undermining parental rights.

Netflix Yet to Respond

As of Thursday, Netflix has not issued an official statement on the controversy. Steele has denied celebrating Kirk’s death, saying his remarks were taken out of context, but the backlash has continued.

Wider Implications

Analysts say the dispute reflects growing polarization in entertainment, where media companies face boycotts from both conservative and progressive audiences. Streaming platforms now confront a delicate balancing act between creative freedom and public accountability.

“This is not just about one show or one creator,” said media analyst Karen Doyle. “It’s about whether platforms can withstand ideological campaigns when their biggest stars amplify them.”

What’s Next

Observers expect Netflix to address the controversy in the coming days, possibly by clarifying its content policies or reinforcing parental controls. Meanwhile, Musk’s involvement ensures the story will remain in headlines — and in investors’ minds.

For now, the world’s richest man has sent a clear message:

“I’m done with the crap. Enough is enough.”