WARNING: The following contains spoilers for Loki Episode 5, "Journey Into Mystery," streaming now on Disney+.
The Loki TV series is filled with twists and turns, which should come as no surprise given the unpredictable nature of Tom Hiddleston's God of Mischief. One of the biggest surprises came with Sylvie's Lady Loki being a version of the Enchantress, not to mention her and Loki apparently falling for each other. The show sparked a lot of fan theories involving Kang the Conqueror and such, with the latest episode now teasing that maybe the TVA's most dangerous agent is, indeed, a Loki Variant too.
This is none other than Owen Wilson's Mobius, who ends up rescuing Sylvie after he got pruned and sent to the Void. Mobius links her up with the rest of the Loki squad, so they can get past Alioth and figure out who's behind the Time-Keepers.
But as he chats with Classic and Kid Loki, Mobius mentions how Lokis always deal in twists and turns in their worlds. Surprises, whether good or bad, seem inescapable, but it just comes with the territory. The thing is, when the Lokis make their final stands, he's the odd man out. However, it might be that Mobius is a Loki that didn't get sent to the Void, but got reconditioned instead via a mind-wipe.
It'd be a stroke of serendipity, explaining why he gravitated to and befriended Loki, to the point where they even hug before Mobius heads back to the TVA to burn it down, with chaos now being his new glorious purpose. After everything he's been through, Mobius now has all the traits of a Loki. He's an outcast the TVA enslaved, plus he's into rebelling and civil disobedience because he wants free will and not just the illusion of it.
All of this foreshadows something bigger, outside of Mobius achieving redemption. That's also a key theme in Loki, and him being another variant of the God of Mischief could inform why, despite numerous betrayals, he still believes in his mark even if there's little reason to. The way Mobius inspires Loki to be a hero in a way Thor or Odin never could is also telling, as it would actually mean that Loki inspired himself.
Loki is about self-love, after all, and the idea of a Loki variant changing another variant for the better by harnessing the goodness within speaks volumes. It proves Lokis don't have to come from a place of grief or anger to be heroic; they can just be inherently trying to better reality.
It'd be quite a claim to fame by the TVA as well, using a Loki as a mindless pawn, which is the ultimate diss to all other Variants. But ultimately, it paves the way for the perfect revenge story. In this way, Mobius taking down the TVA could be the kind of poetic justice that embodies what a Loki always wants: to break free of oppression and control.
Loki stars Tom Hiddleston, Owen Wilson, Gugu Mbatha-Raw, Wunmi Mosaku, Sophia Di Martino, Richard E. Grant, Sasha Lane and Eugene Cordero. New episodes air Wednesdays on Disney+.