After six explosive episodes, Loki season 2 has come to a close. The stakes couldn’t have been higher for the season finale, as the fate of the entire Marvel multiverse hung in the balence. Marvel Studios gave us plenty of twists, turns, surprises, and a new role for Loki in the MCU. But what does it all mean? Let’s break down the ending to Loki season 2…..

Warning: Spoilers ahead for the Loki season 2 finale!

How did Loki season 2 end?

If at first you don’t succeed, try and try again. That seems to be the mantra Loki followed in the finale. The God of Mischief was finally able to control his time-skipping problem and use the new ability to his advantage. Loki traveled back to the moment where the Loom collapsed, hoping to get it right this time. However, each attempt ended the same way, with Victor Timely’s body decomposing into spaghetti before he reached the Loom.

This process played out for centuries, with Loki rewinding time to try again. Eventually he was able to get it to work, but stabilization was only temporary. Loki realized that the Sacred Timeline was creating infinite branches, making stabilization impossible. This process had started in the season 1 finale when Sylvie killed He Who Remains.

Loki then used his time-skipping abilities to travel back to the season 1 finale, hoping to prevent He Who Remains’ death. Once again, this resulted in years of Loki rewinding time after each failed attempt. The only way to stop Sylvie would be killing her, something Loki was unwilling to do.

After some soul searching (and time-skipping), Loki realizes that he’s been looking at the problem the wrong way. The God of Mischief travels back to the moment where the Loom collapsed. Loki takes Victor Timely’s place and destroys the Loom. As the various timeline strands scatter, Loki uses his magic to organize and rejuvenate the various strands.

Loki gathers the various strands into a new Loom, which resembles the Asgardian tree Yggdrasil. The former God of Mischief then sits down on He Who Remains’ former throne at the end of time. After the dust settles, Mobius decides to retire from the TVA and spend some time living in the real world. Renslayer is banished to the Void. O.B. reprograms Miss Minutes, but he is still unsure if she will betray them again. The TVA continue their day-to-day operations, hunting down all of He Who Remains’ variants.

From his throne at the end of time, Loki observes his friends. No longer a villain, or an anti-hero, Loki is now the master of the multiverse, the keeper of time, or He Who Remains.

Who died in the Loki season 2 finale?

When you’re outside of time and space, does death really matter?

There were no shocking deaths in the Loki season 2 finale, and all the major characters made it out alive. However, we did witness Victor Timely die multiple times as he tried to stabilize the Loom. Every time he approaches the Loom, his body begins to come apart. Using his time-skipping abilities, Loki kept reversing time so they could try again. The God of Mischief spent the next century making multiple attempts, with Victor Timely dying each time. Think of it like the movie Groundhog Day.

Loki learns that the problems with the Loom began in the season 1 finale after Sylvie killed He Who Remains. Using his time-skipping powers, Loki travels back to the season 1 finale, where he attempts to save He Who Remains from Sylvie. Once again, this results in multiple failed attempts.

During the final act, Loki takes Timely’s place and stabilizes the Loom in his own way. This prevents Victor Timely’s death.

So who died in the Loki season 2 finale? Jonathan Majors did, as multiple characters, multiple times.

Were there any surprise cameos or characters in the Loki season 2 finale?

Don’t begin the Loki season 2 finale expecting to see a surprise appearance from any Avengers. The episode didn’t contain any cameos from any heroes or villains from other MCU projects. However, the return of He Who Remains could be considered a surprise appearance, as the character died last season. Once Loki mastered his time-skipping, he used the ability to travel back to the season 1 finale, hoping to save He Who Remains from Sylvie.

His attempts were ultimately unsuccessful, but it did give us more screentime with He Who Remains. In addition, we finally learned what the character meant when he said, “See you soon,” last season. Thanks to his mastery of time, He Who Remains knew that Loki’s journey would ultimately bring him back to this moment. He gave the God of Mischief some cryptic advice, before being killed by Sylvie again.

Does Loki season 2 set up any future Marvel projects?

The Loki season 2 finale doesn’t contain any direct teases for future Marvel projects. However, it is likely that some of the threads from this season will play out in Avengers: The Kang Dynasty. The film will be a major tentpole in Marvel’s Multiverse Saga, which will feature multiple realities. It’s hard to imagine a film about Kang and divergent timelines without referencing the events of Loki.

However, a recent report from Variety indicated that Marvel Studios is considering pivoting away from Kang, due to various controversies surrounding his actor, Jonathan Majors. Where does this leave Marvel’s Multiverse Saga? Like the Sacred Timeline, it seems to be in flux, and there is no Loom to stabilize it.

Regardless of Majors’ fate, it would be hard to imagine the MCU ignoring the existence of the TVA and Loki’s current fate forever. I wouldn’t be surprised if Loki, Mobius, Miss Minutes, Sylvie, and O.B. made an appearance in Avengers: The Kang Dynasty.

Does the Loki season 2 finale have a post-credits scene?

There is no post-credits scene for Loki season 2. Once the credits hit, you can feel free to get your next Disney+ movie or television show ready. Or you can just watch the episode again.

Will there be a Loki season 3?

As of this writing, Marvel Studios has not confirmed Loki season 3. The first season of Loki ended with a message promising viewers that the adventure would continue in season 2. This time the finale ended without any mention of another season. In fact, the Loki season 2 finale almost feels like a series finale. The Sacred Timeline has been saved, Loki has his throne, and Mobius has left the TVA.

Speaking to CinemaBlend, Loki writer Eric Martin said there were currently no plans for another season. “We approached this as like two halves of a book. Season one, first half. Season two, we close the book on Loki and the TVA.”

During an interview with Variety, producer Kevin Wright teased that Loki’s story might not be done yet. “"I think it’s open-ended. We certainly did not develop this season going, 'We have to tee up Season 3' — in the way that we did with Season 1, where there was a very specific, 'Hey, we’re coming back.' But I also think that where this show goes, there certainly can be many, many, many more stories told with Loki in the 'Loki' world, and in other worlds connected to Loki, the character."

During a recent interview, Disney CEO Bob Iger indicated that Marvel Studios would be slowing down their Disney+ output going forward. This certainly hurts the chances of a Loki season 3, but it doesn’t close the door completely. After all, there are plenty of story possibilities with Loki as the ruler of time.

Whatever the future holds, if a third season of Loki is announced, Popverse will be here to cover it. In the meantime, check out our calendar of upcoming superhero movies and television shows.