Rather, the conclusion of the Squid Game finale (spoilers ahead) shows the Frontman in America handing over billions to Gi-hun’s daughter. As he departs, coincidentally, in an alleyway he spots actress Cate Blanchett engaged in the very Korean Ddakji game and striking a man she seems to be attempting to recruit for an American version of Squid Game. However, the series’ creator, Hwang Dong-hyuk, did not confirm this implied arrival of a US-based version.

Contextually, the idea of this scene is quite strange, considering the founder of Squid Game died in season 1, and now the Frontman oversees the entire game, though he doesn’t seem aware of this variant. Or perhaps the expression on his face indicates he does know? It's all very difficult to decipher, but like many elements of the season finale, it doesn't make much sense.

Now, the question arises as to whether this was an actual teaser for a Squid Game: America spinoff, akin to an MCU post-credits scene hinting at future directions. Some people are convinced that this is the case, and I’ve even seen a fake Squid Game Universe timeline being shared online. But the reality is more complex.

The concept of a Squid Game: America series was actually discussed some time ago. This remains technically the “l(fā)atest” update regarding an American Squid Game, despite dating back to October 2024, with no further news from Netflix since then. The initial report from Deadline mentioned that David Fincher was working on a new English-language Squid Game series. This wouldn’t be a remake of the original; instead, it would be a new narrative set in the US. This followed an older story about Fincher potentially making a Squid Game movie for Netflix. The most recent development was about a new show.

That is indeed the latest information we have. Whether the Blanchett cameo and the reveal of a new game will lead to a new series is unknown, but recently Hwang Dong-hyuk told EW, “I’m not trying to say that I’m going to close the door to spinoffs or sequels altogether because they say never say never.”

His primary focus was on a concept for a Gi-hun series occurring between seasons 1 and 2, which wouldn’t involve an actual game. If there were an American series, it would likely be handled by someone else, even if Hwang offered consultation—someone like Fincher.

Is this probable? The most recent major news involving David Fincher was his direction of a Brad Pitt-starring sequel to Once Upon a Time in Hollywood, Quentin Tarantino’s original film. That project is still casting and getting underway and won’t be released soon. Although Fincher “developing” a Squid Game: America show wouldn’t mean he’d direct the whole thing, almost certainly.

I firmly believe Netflix will attempt to make this happen and won’t abandon Squid Game. Season 1 has yet to be overtaken as the #1 show in Netflix history. Season 2 ranks within the top 5, and season 3 is expected to hover around there. Netflix won’t stop now.

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