With that insane ending of Moon Knight episode 4 there are so many possibilities for what’s next. Here’s our top Moon Knight Episode 5 theories.

Moon Knight Episode 5 Theories
First things first. After the events of Moon Knight episode 4, we have to find out the reality of where Marc is. With this, there are some crazy theories for Moon Knight episode 5.
Moon Knight Is Fake
The most insane one is that the entire show is fake. There is a comic run where Marc is actually a movie director. At the end of the comic we find out he is just insane and this is all in his head. A lot of fans are speculating that this could be the case because we see two personalities of Marc / Steven at once — which in the real world wouldn’t happen. This wouldn’t make any sense because that would mean that Moon Knight isn’t real — but there are already superheroes in the MCU, so there would be no point for this.

It’s All In His Mind
The most realistic theory is that the asylum is his mind. To me, this is the most logical idea. We see the two personalities in Marc / Steven’s mind PLUS we see a third sarcophagus which is likely his third personality, Jake Lockley. We will talk about him more later, but another reason the asylum could be in his head is because every character and object was from their “real life”. Steven’s boss, the statue, Layla, Khonshu’s head, and more were all from the “real life” of Marc / Steven’s life which means they could all be part of his memory – possibly stuck in his mind.

Before Steven was shot, Harrow said, “I cant save anyone who won’t save themselves”. This could mean that Marc has to save himself in his head, and the character that showed up at the end of Moon Knight episode 4 could be the way to do that.

Moon Knight Episode 4 ended with the Goddess Taweret showing up. She is the goddess of life, birth, and rebirth. Marvel likely chose this god since Harrow said Marc has to save himself, Marc might have to make peace with the three of his personalities in order to be “reborn”. It could be that Moon Knight episode 5 is about Marc, Steven, and Jake making peace and coexisting in order to be reborn – having peace and cohesion between all three versions of himself.

Cue The Multiverse
The final theory is probably the biggest stretch of them all. There are theories online that speculate all of these versions of Moon Knight are different people from across the multiverse trapped in one body. This doesn’t make much sense because Marc and Steven share similar life aspects. The biggest red flag with this theory is that Moon Knight wouldn’t “exist” which wouldn’t make sense since the MCU already has heroes.
No matter what happens – Moon Knight episode 5 has a lot of potential to be the best of the series thus far because Moon Knight episode 4 set up some great stuff. One thing is pretty much for sure, things are about to get bonkers crazy!
NEXT: Moon Knight Episode 4 Recap & Review | The Tomb
About Moon Knight
The series follows Steven Grant, a mild-mannered gift-shop employee, who becomes plagued with blackouts and memories of another life. Steven discovers he has dissociative identity disorder and shares a body with mercenary Marc Spector. As Steven/Marc’s enemies converge upon them, they must navigate their complex identities while thrust into a deadly mystery among the powerful gods of Egypt.
“Moon Knight” stars Oscar Isaac, Ethan Hawke and May Calamawy. Mohamed Diab and the team of Justin Benson & Aaron Moorhead directed the episodes. Jeremy Slater is the head writer, and Kevin Feige, Louis D’Esposito, Victoria Alonso, Brad Winderbaum, Mohamed Diab, Jeremy Slater and Oscar Isaac are the executive producers. Grant Curtis, Trevor Waterson and Rebecca Kirsch serve as co-executive producers.
Moon Knight episode 4 is streaming exclusively on Disney+ now.
Aryan is an aspiring content creator and journalist who loves all genres of movies. He is passionate about discussing and having conversations about anything and everything pop culture related.