Elon Musk has taken to X, his social media platform, to urge followers to sever ties with Netflix amid a controversy surrounding an animated series and its creator.
The streaming giant is experiencing a significant financial downturn, with its market value plummeting by approximately $20 billion, marking its most challenging week since April.
As reported by Sean Hannity, Musk's call to action came in response to an image accusing Netflix of advancing a "transgender woke agenda." He stated, "Cancel Netflix for the health of your kids." The uproar is primarily focused on "Dead End: Paranormal Park," a Netflix series that features a transgender character and concluded its run in 2023 after two seasons.
Musk further engaged with posts spotlighting comments allegedly made by the show's creator, Hamish Steele, which critics argue "mocked" the murder of conservative activist Charlie Kirk.
In response to the backlash, Steele took to Bluesky, remarking, "Its probably going to be a very odd day." He also shared writer Jack Bernhardt's defense of the show, describing it as "a brilliant show about kind, wonderful characters."
Meanwhile, conservative activist Robby Starbuck has also voiced criticism, accusing Netflix of endorsing an ideology "hateful to White Americans." He asserted, "No one should give this woke company another dime."
The financial repercussions for Netflix are evident, with shares declining by approximately 5% this week. This situation raises questions about the impact of political and cultural controversies on corporate valuations and the broader implications for companies navigating the current socio-political landscape.
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