Spider-Man: No Way Home Theory: Could Mysterio Still Be Alive?

Could Jake Gyllenhaal's Mysterio be more of a trickster than we originally thought?

By Jo Craig

August 31, 2021

Phase 4 of the Marvel Cinematic Universe has been heating up nicely since the arrival of WandaVision and Black Widow, but the future of the MCU is now hotter than Hell’s Kitchen. 

The Spider-Man: No Way Home trailer has quite possibly become one of the most talked-about trailers in existence, and certainly the most-viewed in history. Not only has it fueled the rumor of past Spider-Men making an appearance, but it has also produced a number of other theories too. It’s time to let Mephisto and Matt Murdock breathe for a moment because we want to talk about Mysterio.

SPIDER-MAN: No Way Home | Official Teaser Trailer

SPIDER-MAN: No Way Home | Official Teaser Trailer

Mysterio Theory

Jake Gyllenhaal’s Quentin Beck, a.k.a. Mysterio, was first introduced into the MCU in Spider-Man: Far From Home, revealed to be a master manipulator. Mysterio is the reason why Peter Parker’s identity has been revealed in No Way Home, after the second film’s shocking reveal. The villain apparently died at the end of Far From Home, after entangling Peter in a web of cutting-edge, virtual reality technology, and this theory suggests that the events of No Way Home is in fact all part of Beck’s plan.

Doctor Strange’s behavior in the No Way Home trailer has been reported as odd, according to fans, who claim the sorcerer would never be so eager to perform such a high-risk spell. Mysterio’s identity reveal at the end of Far From Home could have been part of the villain’s plan to drive Peter to seek out the help of Doctor Strange to reverse it, in order for Spidey to become caught in a more elaborate web of engineered villains, who we know from past films. 

Other No Way Home Theories

It’s rather difficult to find a place to start when faced with the tidal wave of theories spilling out from the No Way Home trailer. While we managed to redirect a portion of this Marvel tsunami to give Mysterio the spotlight, there are still plenty of other characters who may have a hand in making No Way Home Marvel’s most daring feature to date.

Without stating the fan-favorite Mephisto theory, there are two other significant appearances rumored for No Way Home. The first is Charlie Cox’s revival as Matt Murdock, who is thought to have a cameo in the film as Peter’s lawyer. The trailer briefly showed a white-shirted man slamming a heavy case file down on the table in front of an arrested Peter, and fans have matched the arm hair, rolled up sleeves, and shadow profile to the Hell’s Kitchen vigilante.

The other theory is Ned’s transformation into the popular comic book villain Hobgoblin, made possible by the opening of the Multiverse. After Doctor Strange’s tampering with current events, fans have speculated that as villains from other timelines pour out, the opening of different dimensions may also offer a variant of Ned who has become a puppet of Norman Osborn’s Green Goblin.

Spider-Man: No Way Home will release in theaters on December 17th.

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Jo Craig

Being a pop culture writer and a proud geek of all trades, Jo loves to dissect fandoms and marvel at their insides. The entirety of The Lord of the Rings, superhero origins, the Ghost of Tsushima score, the Wings of Freedom, and the endless search for a sleepy Tyranitar are but a few of Jo's passions, with a penchant for contributing to the geek culture community.

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