Netflix has lost an estimated $15.1 billion in market value following a wave of subscription cancellations triggered by Elon Musk’s call to boycott the platform.

The billionaire tech mogul, who has more than 227 million followers on X (formerly Twitter), announced that he had canceled his own subscription and urged others to follow suit, accusing Netflix of pushing what he described as a “transgender woke agenda.”

Musk specifically targeted the children’s animated series Dead End: Paranormal Park, which features a transgender teenage protagonist. In his post, he wrote: “Cancel Netflix for the health of your kids,” sparking the hashtag #CancelNetflix, which trended worldwide.

The backlash was further fueled by resurfaced comments allegedly made by the show’s creator, Hamish Steele, who w

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