WARNING: The following article contains major spoilers for Season 2 of Ragnarok, now streaming on Netflix.
Season 2 of Netflix's Ragnarok finds Magne (David Stakston) struggling to accept his fate as a reincarnated Thor. He knows he has to kill the giants disguised as humans in the Jutul family but after murdering their patriarch, Vidar, he's scared. It's scarred him mentally, but PTSD aside, he's also hurt as Vidar was Laurits/Loki's dad.
However, come the finale, Magne realizes he has to look past his half-brother's feelings and use Mjolnir to end the Jutul threat as they're pushing ahead with destroying the Norwegian town of Edda, and soon, the world.
MAGNE GETS TRICKED
Magne finally forges the hammer at the plant the Jutul family used to pollute the town. With his fellow gods apprehended, he has time to power up in the mountains, calling down lightning and becoming the fully-powered Thunder God. But when he heads to Vidar's home to end the others, he meets Saxa there.
The daughter's been beaten up by her mom, Ran, and brother, Fjor, as she gave Loki the key, knowing he'd give it to Magne. In other words, she wanted him to become Thor so he could kill her family, giving her the keys to the kingdom. Due to her meddling, they scrap for a bit as she tries to grab the hammer herself, but he refuses to kill her as she's a victim of destiny like him. This ironically leads to them having sex, but Magne realizes this sinister deflowering is actually a distraction.
MAGNE HAS HIS THOR MOMENT
Magne races home to find Loki beaten and bruised. Fjor and Ran came to kill him to hurt Magne but Loki bartered with them instead, hinting that he had a weapon that could kill Thor. He also said he knew his weakness, which is Magne's fear of killing. Still, the Jutuls took their rage out over Vidar's death and as they try to drive off, Magne unleashes the hammer for the first time as he finds them.
He flings Mjolnir at their car, and while they escape it crushes and incinerates the vehicle before flying back to him, just like Thor in the Marvel Cinematic Universe. It's a moment of glory and one that cements him as the true Thunder God reborn. He then tends to Loki, knowing he'll get another shot at their enemies. Magne makes it clear to Laurits that no matter what he'll protect him because despite being half-giant, Loki is his brother.
LOKI'S SHADY ENDGAME
With Magne garnering this victory and poised to reconvene with his crew, which includes Odin/Wotan and Freyja/Iman, Laurits has a scheme of his own. The final scene shows him releasing the tapeworm he had taken from his stomach earlier on. He birthed it, per the Norse mythology, after injecting Odin's blood into his veins. He knows it will grow, as the prophecy said, into the Midgard Serpent.
It will fight Thor and both shall die to bring about the end of days, aka Ragnarok, so the Jutuls watch over him as he releases it into Edda's waters to grow into a weapon. He kisses his 'child' goodbye, but they don't see one of his eyes turning blue. While the yellow eye is due to his giant blood, this blue one suggests he's got some of Odin's powers too, like Magne. It leaves fans unsure if the sympathetic Laurits will take Thor's gods out, or the giants, or maybe both to claim dominion over this realm.
Ragnarok stars David Stakston, Jonas Strand Gravli, Theresa Tømmeraas, Frostad Eggesbø, Emma Bones, Henriette Steenstrup, Gísli Örn Garðarsson, Synnøve Macody Lund, Odd-Magnus Williamson, Tani Dibasey, Kornelia Eline Skogseth, Eli Anne Linnestad and Jeppe Beck Laursen. Seasons 1 and 2 are currently available on Netflix.