Bud Light partners with trans activist, faces conservative outrage and backlash

Anheuser-Busch's collaboration with transgender influencer Dylan Mulvaney led to conservative criticism and calls to boycott Bud Light.
The beer company's value dropped by $5 billion amid the controversy, though its stock has remained relatively stable.
Several prominent conservative figures publicly criticized the partnership, and rural distributors reported lower orders.
Mulvaney continues to face anti-trans harassment but has also received support from LGBTQ advocates and celebrities like Howard Stern and Rosie O'Donnell.
The controversy highlights ongoing debates about transgender rights and inclusivity in marketing.