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Elon Musk is telling his followers to cancel Netflix subscriptions. Here's what's happening

1. Elon Musk urged followers to cancel Netflix subscriptions over content controversy. 2. Critics claim Netflix promotes a 'transgender woke agenda' impacting subscriber attitudes. 3. Analysts suggest backlash won't significantly affect NFLX's stock performance. 4. Stock up over 60% last year, market cap at approximately $490 billion. 5. Recent events echo 2023's Bud Light boycott, which had varying impacts.

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FAQ

Why Neutral?

Despite the media lips, historically, similar controversies had limited market impact. Netflix remains robust with substantial subscriber growth and market cap.

How important is it?

While Musk's influence could sway opinions temporarily, NFLX's fundamentals remain solid amidst controversy.

Why Short Term?

Initial stock fluctuations possible, but analysts predict quick recovery. Short-lived emotional responses often stabilize in stock markets.

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