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We’ve now seen at least parts of three different streaming series from Marvel on Disney+. It would appear that many of the larger-scale activities from the Marvel Cinematic Universe (MCU) happen in the films while the shows center on smaller but also important stories. 

That may not be the case for Loki, however. There’s evidence that due to the show’s relationship with time, it may have some far-reaching implications for the MCU. One theory making the rounds online deals with the show potentially shattering the ridiculously happy ending from two characters featured in Avengers: Endgame: Steve Rogers (aka Captain America) and Peggy Carter. 

‘Loki’ is the MCU’s newest time-bending, trippy entry

Tom Hiddleston in grey and gold armor with a green cape while standing in a desert as Loki in 'Loki' on Disney+
Tom Hiddleston in ‘Loki’ on Disney+ | Marvel Studios

The premise of Loki is anything but simple. It picks up where Endgame left off. The 2012 version of Loki has just escaped the Avengers’ clutches with the tesseract in hand. He uses it to travel in time. It deposits him somewhere in Mongolia, where he’s quickly apprehended by a body known as the Time Variance Authority (aka TVA). 

The TVA looks to quickly dispatch Loki for his transgressions, but there’s a catch: someone there needs his help. A TVA Agent known as Mobius recruits Loki to help him stop another time criminal (known in the MCU as a variant) who the antihero may find familiar: it’s Loki himself. The stage is set for Loki and Mobius to team up to stop none other than another version of the God of Mischief. 

Loki’s story is interesting, but the premise also introduces the possibilities for many more stories to be told. The TVA seems like it could involve a lot of characters from the MCU. Two of the characters it may involve in one way or another are Steve and Peggy. 

Steve and Peggy’s time travel reunion

In Captain America: The First Avenger, Steve and Peggy get one of the franchise’s saddest endings. Steve downs his plane heroically to save the world, with Peggy and the rest of SHIELD unable to find it. Years later, Steve wakes up in modern day New York City to a whole new world. He eventually meets up with a much older Peggy and sadly, serves as her pallbearer when she later passes away. 

At the conclusion of Endgame, it’s up to Steve to return the Infinity Stones to their rightful place throughout history. He does this, but rather than return to the present, he travels back to the 1940s to live out his life in wedded bliss with Peggy. 

There couldn’t possibly be a happier ending for the two heroes. Here’s why Loki may have possibly just done away with it. 

Why ‘Loki’ may have just undone Steve and Peggy’s happy ending

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Marvel’s ‘Loki’ Could Be Hiding Its Main Villain in Plain Sight

When Loki is first arrested in the premiere episode, we see what looks to be the lobby of the TVA. Other variants are escorted through the premises by agents for what one would assume would be other crimes against time. According to Inverse, one person on TikTok pointed out that one of these variants in the background looks suspiciously like Peggy Carter. 

Upon further review, it looks to be more than a coincidence. So what would this mean for Steve and Peggy? It could mean that Steve’s journey back in time could have not been foreseen by the TVA, and therefore was a violation. The only problem with the theory is that then Steve should be in custody rather than Peggy. 

More than likely, this is one of two things: a coincidence or an Easter Egg planted by the producers as a joke reference to another part of the MCU. That would fit well with the show’s mischievous tone. 

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