It is only obvious, that a show centered around Loki, God Of Mischief has to be a little tricky to understand. So here we are, breaking it down for you.

And obviously, Spoiler Alerts, for this and other related Movies!

Our Loki episode 2 review explores “The Variant,” and dives deep into the natures of both Loki and Agent Mobius.


It was a quick look from Loki circa 2012, and also establishing the scope and power of the Time Variance Authority and the Time Keepers, as well as what threat Loki would be up against. 

That is to say, the threat is himself.

 The Plot

In episode 2, the plot moves forward, though the series takes its time to ponder some truly existential questions. We get a better idea of what motivates Loki, as well as what kind of person Agent Mobius appears to be.

The show is not afraid to slow the action down in order to shine a brighter spotlight on its characters, and it’s all the better for it.

Loki spins a story about how the variant has trapped them all inside the tent, waiting to ambush them if they try to leave. 

It takes about two seconds for Mobius to see through his scheme and send the team home.

Mobius & LokiWhile Loki did show his hand a bit, we can forgive him for his desperation to get out of his current situation. But I don’t think that makes Mobius any less clever for seeing through the god of mischief’s play. In fact, Mobius is all the smarter for not trying to out-wit Loki or beat him at his own game.

Agent Mobius wants to understand this Loki better so he can catch the other variant. Ravonna warns him that the Time Keepers are monitoring the case closely, and tells him he has a soft spot for broken things. While that may be true, he also promises he’d delete Loki himself if the mission goes sideways.

I have a hard time believing this. As much as Mobius doesn’t trust Loki, I think he also sees the best in him. 

Their dynamic is borderline buddy cop comedy, and while Loki drives him up a wall, he also believes there is good in him.


 The superior Loki

Though Loki is featured heavily in other movies, our perception of him has always been through the eyes of Thor or the other Avengers. This time, we get to see Loki for who he truly is, for better or worse.

Dynamic Duo

Mobius not-so-subtly tells Loki he thinks the only reason Loki is helping is because he wants to prove he’s the superior version. 

It’s in the private moments that we see the real Loki. 

When he pursues the file on Ragnarok, he sees how the entire city and most of its inhabitants were destroyed. 

Loki Crying Loki Crying Loki Crying Tears welled in his eyes, even though he waves it off when Mobius apologizes for it later.

There is such a distinction between the version of himself that Loki projects into the world and the version of himself he allows to exist when he’s all alone. 

As time goes on in the MCU, we see these versions meld and form a more honest and emotional Loki, but as of right now, the lines between the two are quite distinct.


Loki’s Character Development

Loki cares, and we know it. We’ve seen it in both episodes so far, but we’re still waiting for Loki to be vulnerable in front of others. It may take some time for that to happen, but I have a feeling that by the end of the series, our Loki will have a newfound appreciation for the Time Variance Authority and the role he’s meant to play in the world.

What will be most interesting is whether this Loki will be allowed to stick around (spoiler: probably, as there’s already talk of a Loki season 2), and whether he’ll ever interact with Thor and whichever of his old friends are left (too soon?).


 The Dynamic Duo

Loki and Mobius might see the world from two vastly different perspectives, but this allows them to have a discussion about time, existence, and the end of everything.

Mobius does what he does because of jet skis—the perfect combination of form and function—and has relegated himself to the Time Keeper’s ultimate goal, to make order out of chaos and to meet those he loves in peace at the end of time.

Of course, Loki is far more concerned with surviving the day and enjoying his time while time still exists. He doesn’t really get the whole Time Keepers things (he loves chaos, after all), and sort of wants to usurp them so he can have power over all of existence, but for now, he’s satisfied with stopping the variant so he can avoid getting pruned.

Dynamic DuoThe question is will one of these characters sway the other. 

Could Mobius ever convince Loki to join the TVA permanently, using the god of mischief to keep everything nice and tidy? 

Or will Loki change the way Mobius sees the universe, persuading him to enact change within the TVA?

 The Variant

Loki discovers the variant is hiding out in apocalypses because the timeline will end and the variance will subsequently go undetected. 

Mobius takes Loki to Pompeii in 79 AD to test this theory, and he is shocked to see that it’s true.

Loki figures out his variant is hiding in the year 2050, in Alabama, at a Roxxcart store. 

And yes,there is a connection to Roxxon. 

This corporation has featured throughout the MCU since the beginning, and it doesn’t look like it’s going away any time soon. 

Will a class 10 apocalypse destroy it? Maybe. Maybe not.

When the team arrives, the variant quickly uses an enchantment to jump from body to body, including Hunter B-15. It’s only to stall Loki, however, and it isn’t until the rest of the team discovers C-20 that we learn she gave away the Time Keeper’s location. (She also keeps saying, “It’s real,” which must be significant.)

Its Real

The plan is revealed just as the variant reveals herself—she is Loki in her female form.

We saw a few possible variants back at the TVA headquarters, including one that looked like it had merged with the Hulk and one that appeared to be the original comic book form, but each one looked like a different version of Tom Hiddleston’s Loki.

This variant, however, is blond and slightly smaller in stature. 

She is played by Sophia Di Martino, who you might know from Yesterday.

Variant Loki’s plan comes to fruition as she bombs the Sacred Timeline, creating chaos and sparking alternate realities all over the place. 

If the TVA is unable to get this under control by season’s end, it’s likely this will be what Doctor Strange in the Multiverse of Madness will be about.

What happened to Loki

As Variant Loki disappears through a door into another time, Loki hesitates to follow her. 

Mobius calls after him, and you can see Loki weighing his options. It appears as though he doesn’t want to betray the agent who took a chance on him, but at the same time, his curiosity will always get the better of him.

When he follows Variant Loki through the door, I think it’s because he knows he’s the best chance the TVA has of stopping her.

What to expect from next -week’s episode

The reveal of Lady Loki is not only intriguing in itself, but it also potentially changes what Loki will be for the remaining four episodes.

While Loki and Mobius’ bro-dynamic was the core of the first two episodes, the God of Mischief’s decision to follow his female counterpart through the time portal at the end of Loki episode 2 brings a swift end to that (for now). Loki episode 3 will no doubt deal with who Di Martino’s “Lady Loki” really is, while thrusting the Loki duo into new time-hopping interstellar apocalyptic adventures.

Things are moving quickly for Loki’s world and the Disney+ exclusive show will release each of its six episodes on a weekly basis. Catch each episode of Loki, along with our detailed recap, every Wednesday at 12:30 PM IST.

And also be sure to check out our decoding of each episode too!

Check out the review for Loki Season 1 Episode 1 here

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