The events of Spider-Man: No Way Home left many questions about the future of its main characters, among those Peter’s best friend, Ned Leeds, who is expected to become the Hobgoblin in Spider-Man 4 – and a theory gives a twisted idea of how and why his transformation will happen. The Marvel Cinematic Universe continues its expansion with its highly-anticipated Phase 4, which is currently focused on the multiverse and its many dangers, of which some were explored in Spider-Man: No Way Home.
Set minutes after the ending of Spider-Man: Far From Home, in which Mysterio (Jake Gyllenhaal) framed Spider-Man for his murder and revealed his secret identity to the world, Spider-Man: No Way Home saw Peter Parker (Tom Holland) asking Doctor Strange (Benedict Cumberbatch) to cast a spell that would make everyone forget he’s Spider-Man. The spell was botched and instead, it opened the gates of the multiverse, allowing villains from past Spider-Man movies/other universes to cross over into the MCU. Luckily for Peter, he counted on the help of MJ (Zendaya) and Ned Leeds (Jacob Batalon), but all this came with a big price.
Related: Why Doctor Strange Still Remembers Spider-Man In Multiverse Of Madness
At the end of Spider-Man: No Way Home, the multiverse chaos unleashed by Spider-Man and Strange was getting out of control, and the only solution was to cast a spell that would make everyone forget Peter Parker. This time, the spell was successful, and Peter was left all alone, though that is giving him a chance to start over. MJ and Ned not remembering Peter was heartbreaking, but it also opens many doors for both, and with a fourth MCU Spider-Man movie in development, Ned is expected to finally become the Hobgoblin, and a theory gives an
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