Founder and entrepreneur Elon Musk billionaire insisted on his followers via his social media platform X (formerly Twitter) account to cancel the subscriptions of entertainment large Netflix because of the health of children.
Musk's warning began a 'Netflix Cancel' campaign in which people participated in his signal to cancel their Netflix subscriptions and at the same time support the story that the entertainment platform is said to promote 'explicit' content.
What is the “Netflix cancellation” campaign?
In a post on social media, Elon Musk said that people should cancel their Netflix subscriptions because of the 'health of your children'. Musk has been a pronounced critic of 'Wokism' in the United States in recent years.
“Cancel Netflix for your children's health,” said Elon Musk in his post on social media.
The return campaign against Netflix was activated by a post from the social media account libs on Tiktok, which claimed that the entertainment show 'pro-transgender pushed About children. “
Since he cancel the campaign 'Netflix cancellation', Elon Musk's post has collected more than 53 million views on the social media platform X, with more than 391,000 people who like the story.
Why was Elon Musk against Netflix?
In a separate message on Platform X, Musk has re -imposed a video of Benny Johnson, an American conservative political commentator and YouTuber. Musk noted that he completely agreed with the story that the entertainment giant reportedly 'sexualize' through the content they place on the platform.
Johnson emphasized that this is not a fight between the Democratic Party and Republicans, but rather a deeper underlying issue in which Netflix reportedly wraps 'explicit, graphic, radical sex topics' as entertainment for children.
In response to other messages on social media, Musk also said that he agrees that this 'Netflix' campaign is more of an action to fight back and take a position.
After re-posting the 'Libs of Tiktok', which was the origin of this campaign, Musk responded to a user who noticed 'the same', indicating that he also canceled his Netflix membership, like other supporters of the story.
According to Companymarketcap data, Netflix lost 1.05% or $ 5.33 billion in market capitalization (M-CAP) to $ 507.25 billion on the US stock market after investors were in a sale of the company's shares were amid the constant controversy.
Netflix stock price Trend
The stock price of Netflix trades 2.13% lower at $ 1,146.87 from 11:17 am (EDT), compared to $ 1,170.90, according to the data collected from Marketwatch. During the pre-market session on Nasdaq, the shares fell almost 1%on Thursday.
Shares of the entertainment giant, Netflix, have given our stock market investors more than 128% return on their investment in the past five years and more than 61% profit in the last period of one year.
Based on year to date (YTD), the shares of the company was won more than 30% in 2025, but the Netflix shares are traded by 4.60% lower in the last period of a month. Shares of the entertainment company fall by 3.96% in the last five market sessions.
The shares reached their 52-week high level at $ 1,341.15, while the 52 weeks of low level at $ 677.88, according to the MarketWatch data. The market capitalization (M-CAP) of the company is $ 497.55 billion from the Wall Street session on Thursday 2 October 2025.
