‘Venom: The Last Dance’ ending, explained: What happened to [redacted]?

Did you walk out of Venom: The Last Dance with your head spinning, your heart racing, unsure how to feel? Well, welcome to feeling like Eddie Brock. And we hear you.

Sure, it’s a pretty happy ending, all things considered. Writer/director Kelly Marcel even offers fans a finale montage of BFF moments between Eddie Brock and Venom (both played by Tom Hardy) set to sentimental music. It’s a real Fast and Furious–style moment of macho reflection. But is this really —as the title promises — Eddie and Venom’s last dance?

Following Venom and Venom: Let There Be Carnage, Venom: The Last Dance pitches these gruff but affable anti-heroes up against an array of obstacles and foes. While road-tripping on a half-assed mission to clear his name of a murder allegation, Eddie discovers he and Venom are being chased by an elite military squad, dedicated to locking them up in Area 51. They’re also the key that could unlock an ancient evil upon the Earth, so the target on their backs is now multiverse-wide. Amidst battling extraterrestrial beasts and surly soldiers, they also need to keep their weirdness in check while bumming a ride from a relatively normal human family of van-living hippies.

But once the big battle has led to explosions and much death, what are we left to look forward to if there is to be another Venom-verse movie? Let’s dig into it.

Obviously, spoilers below.

Venom flies in style.
Credit: Sony Pictures

Is Venom really dead?

In Venom: The Last Dance, Eddie discovers that because Venom brought him back from the dead on a past misadventure, they’d forged a codex. That convenient MacGuffin works as a key that could unlock the merciless Knull, who once ruled over the symbiotes until they locked him up and ran away from his prison.

To retrieve this codex/key, Knull (Andy Serkis) sends out his version of hunting dogs — gigantic, scorpion-like creatures called xenophages — to Earth. These gnarly monsters can track the codex, but only when Venom fully takes over Eddie’s body. Of course, as established in Let There Be Carnage, Venom doesn’t like being kept in the Eddie closet!

However, the codex will vanish if Eddie or Venom die, meaning Knull’s escape plan would be foiled. For soldier Rex Strickland (Chiwetel Ejiofor), the answer to avoiding alien invasion and Earth’s annihilation is simple: execution.

Initially, Eddie and Venom reject this annihilation option, teaming up with hordes of freed symbiotes and scientists to try to battle back the xenophages. But in the end, Venom realizes there’s only one way to keep his friend — and the planet he loves — safe. So, using his powers, his shiny shapeshifting sludge ropes in all the attacking xenophages, dragging them to what is essentially a matter-melting acid shower. With the help of Strickland, Venom sacrifices himself to save Eddie. But is he really gone?

The movie would have you think so, ending with Eddie in New York City, where he’d promised to take Venom. In a bittersweet moment, he bids farewell to his friend while looking at the Statue of Liberty, a symbol of welcome to aliens arriving in this storied city. But hey, remember that first sequence in the bar in Mexico?

When tipping the bartender (Ted Lasso‘s Cristo Fernández), Venom shed a little bit of himself on the coin he left behind. When Strickland recovers this “shedding,” the soldier notes this is how the species survives. The sample is then taken to Area 51, where it’s placed under the care of Dr. Teddy Payne (Ted Lasso‘s Juno Temple). In the ensuing battle between symbiotes and xenophages, it’s not totally clear what happens to the tiny glass vial holding Venom’s shedding. But there could be an answer in the post-credits scene.

What’s the deal with Dr. Teddy Payne and Agony?

Chiwetel Ejiofor, Juno Temple, and Clark Backo in Columbia Pictures’ “Venom: The Last Dance.”
Credit: Laura Radford / Sony Pictures

It seems Marcel is combining some characters from the comics. There, Dr. Thaddeus Paine is a Venom foe who ironically can feel no physical pain, but conducts inhumane experiments on others who definitely can. In The Last Dance, Teddy Payne seems to be a gender-swapped spin on the character. Or perhaps Teddy’s twin brother — struck down by lightning in their youth — was this dimension’s Theodore? In either case, the movie’s version of Payne doesn’t seem a villain at all. She is very empathetic to the symbiotes in her care, and eventually joins their ranks.

In the finale, Teddy watches her colleagues either be swept up by symbiotes or volunteer to join them in the battle against the xenophages. But she has something up her sleeve, or, well, in her pocket. When it seems her assistant nicknamed “Christmas” (Clark Backo) is at risk of death by fiery explosion, Teddy breaks the glass vial she’d pocketed, which contains a small, purple symbiote. Immediately overtaking her body, it appears she becomes Agony, a symbiote who has feminine curves, purple skin, and long, flowing hair. Agony has the same enhanced strength, impenetrability, and speed of her brother Venom. Plus, this purple symbiote also has lightning powers, making her unique — and tying back to Teddy’s tragic past.

Though many of the other symbiotes introduced for the climactic fight are wiped out, Agony slithers back into Teddy at the end of the battle. And we can tell her influence remains by the fact that Teddy’s left arm, formerly paralyzed from her childhood brush with death and lightning, can now move and flex without issue. What will this mean, should there be a Venom 4? Will Agony and Teddy Payne be allies to Eddie and Venom? Will they be enemies? Will they double-date?

We’re eager to find out.

Has Knull been defeated for good?

No. But that’s a matter for a mid-credits explainer.

What happened to Cristo Fernández’s bartender?

Well, that’s definitely a matter for a post-credits explainer.

Venom: The Last Dance opens exclusively in theaters Oct. 25.