With The Boys Season 5 unfolding week by week, fans on social media and across the internet have started sharing their theories about how the final chapter of this wild, bloody, brutal superhero satire will wrap up. Showrunner Eric Kripke has already revealed that the series will take a new turn, different from the comics, and has promised a darker and more chaotic ending than fans expect.
Considering the wildcards currently in play, including the supe-killing virus, anything can happen, and no one is safe, not even Homelander.
One fan theory that has recently gained significant attention suggests that Homelander won’t actually die, but will instead face a fate worse than death.
Many fans strongly, and rightfully, believe that, above all else, Homelander loves his powers. His abilities define who he is, and without them, he would be completely hollow.
It will be interesting to see what unfolds by the time we reach the Season 5 finale. But imagine watching Homelander as a completely normal, powerless human; that would truly be something.
For a man who views humans as “mud people,” being forced to live as one while the world laughs at his downfall would be the ultimate poetic justice.
Another theory suggests that Billy Butcher could become the very monster he hates. Based on his actions so far, this plotline makes sense. After dealing with Homelander, he might find himself facing his own team in the end. A proper Hughie Campbell vs. Butcher fight?
This would force Hughie into a heartbreaking final confrontation, where he may have to kill his mentor to save his friends, mirroring the tragic ending of the original comic run.
There is also a growing theory involving Soldier Boy. Since Soldier Boy survived the virus in the early episodes of Season 5, fans speculate that his blood may hold the key to the series’ endgame.
Some believe Homelander and the Boys will engage in a desperate race to secure the “V1” serum from Soldier Boy’s DNA, Homelander to become immune to the virus, and the Boys to create an even deadlier strain. This could culminate in a massive three-way battle at the White House, a location already teased in Season 5 trailers as a nod to the comic’s climax.
Finally, the “Ryan factor” remains the biggest mystery. While some hope for a redemptive arc in which Ryan Butcher delivers the killing blow to his father, recent episodes showing Homelander’s increasing brutality toward his son have led to darker theories.
Some fans speculate that Ryan might ultimately have to sacrifice himself to stop Homelander, or that he will be the sole survivor, forced to live with the heavy legacy of both his fathers.
Regardless of which theory proves true, one thing is certain: no one is safe, and the finale is likely to leave the world of The Boys forever changed. Stay tuned for more updates.