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Based on internal knowledge of the Marvel Cinematic Universe, here is the specific breakdown of Loki’s status in Avengers: Endgame:
The short answer is: No, Loki does not die during the events of Avengers: Endgame. However, the "prime" version of Loki remains dead throughout the film.
Here are the specific details:
The original Loki, who underwent a redemption arc in Thor: Ragnarok, died at the very beginning of the previous film, Avengers: Infinity War. Thanos choked him to death on the Statesman (the Asgardian refugee ship) after Loki attempted to stab him with a concealed dagger. In Endgame, Thanos explicitly states, "No resurrections this time," and that death remains permanent for the main timeline version of the character.
Loki appears in Avengers: Endgame during the "Time Heist" sequence. Iron Man, Captain America, Ant-Man, and Hulk travel back in time to the 2012 Battle of New York to retrieve the Space, Mind, and Time Stones.
Because they are in the past, we see the 2012 version of Loki (the villainous version who had just been defeated by the original Avengers). He is shown being gagged and taken into custody.
While the Avengers are trying to smuggle the Tesseract (containing the Space Stone) out of Stark Tower, a series of accidents occur:
This version of Loki—now referred to as a "Variant"—successfully escapes and survives the events of the movie. This specific plot point serves as the direct setup for the Disney+ series Loki, where he is immediately apprehended by the Time Variance Authority (TVA) for "breaking" the timeline.
Summary: The Loki we knew died in Infinity War. Endgame features a past version of Loki who uses time travel chaos to escape his fate, meaning a version of the character is still "alive" in the multiverse by the end of the film.
The summary does not mention that Loki teleports specifically to the Gobi Desert in Mongolia, which is shown briefly.
No, Loki does not die in Avengers: Endgame. The original 'Prime' Loki died in Avengers: Infinity War (2018) when Thanos choked him on the ship Statesman. In Endgame, the Avengers travel back to 2012, where a past version of Loki accidentally acquires the Tesseract and escapes. This creates a branched timeline and a 'Variant' Loki, setting up the Disney+ series. The quote 'No resurrections this time' is spoken by Thanos in Infinity War, not Endgame.