Squid Game Season 3 ending explained: Why is Cate Blanchett in a spin-off that no one asked for?

Dun dun dun. If you’re a little lost about what really happened at the end of Squid Game, let’s help you out. So, after Jun-hee sacrifices herself (sigh), Gi-hun takes on the role of looking after her baby who was born during the macabre game of hide-and-seek. The Front Man, after revealing himself as In-ho, tells Gi-hun to kill everyone in the room and emerge as the finalist, but our protagonist can’t see himself do that.

So, in the last episode, we are locked in the Sky Squid Game, with the finalists ready to kill Gi-hun and the baby. Moreover, Gi-hun faces a harrowing realisation, that the baby’s father Myung-gi intends to kill the baby to win the prize money.  The fight ends with Myung-gi plunging to his death, leaving only Gi-hun and the baby. The final rule is cruel: only one can survive – or both die.

Gi-hun sacrifices himself of course, not without saying, ““We are not horses,” he says. “We are humans. And humans are…

As he dies, the world around him unravels. No-eul, after discovering in the records room that the child she’s been searching for — the reason she joined Squid Game — is already dead, burns the room down. She nearly takes her own life, but halts when she sees Gi-hun’s final act.

Elsewhere, Jun-ho reaches the island. He finally confronts his brother, the Front Man, just as he picks up the baby.

“In-ho!” Jun-ho shouts. “Why? Why did you do it?”

 There’s no reply. Instead, the Front Man initiates a countdown, a self-destruct sequence to obliterate the island, as the Coast Guard closes in.

So much for that. Later, we see that the baby is at Jun-ho’s doorstep with the cash prize. In-ho tells Gi-hun’s daughter that her father has passed on. And in the final, mind-boggling scene, we see the hint of an American spin-off, Cate Blanchett, playing the game of Ddakji, in US, nonetheless. Does it make sense? No. But will we get another spin-off that nobody asked for? Of course.