The first true break (or diversion) of the Marvel timeline in Endgame is regarding the Space Stone in 2012. Tony and Scott intend to give 2012 Tony an arc reactor failure when he meets Secretary Pierce (something that presumably always happened), allowing them to remove the Tesseract briefcase from the equation. An angry 2012 Hulk complicates matters and the Space Stone is attained by Loki, who teleports out of New York. Following the rules laid down by the Ancient One (and the fact that the film puts focus on the Loki moment), this a clear and intended break in the Marvel timeline that is not resolved by the time Avengers: Endgame comes to an end. In this reality, Loki escapes capture at the Battle of New York with the Tesseract. The knock-on effects of this are serious: directly, Loki is still working for Thanos at this point so may give him the Space Stone years earlier; from a movie perspective, he isn't there for the events of Thor: The Dark World (2013) or Thor: Ragnarok (2017), meaning Odin is never replaced and, possibly, Asgard may not be destroyed and Thor never loses Mjölnir; the Avengers also haven't completed their first mission, likely keeping them together longer and impacting solo movies up to and beyond Captain America: Civil War (2016). The extent of all of this is speculation, sure, but the very immediate potential is massive. This would also mean that everything that happens subsequently in this time period is not part of the prime MCU universe: Steve Rogers didn't always fight his future self because he was never looking for Loki. Practically, this is a get around of Loki's death at the start of Avengers: Infinity War (2018). Thanos declared "no resurrections this time" and he was right, from a certain point of view. Loki is dead in the MCU going forward, yet a version of him is alive and well for new adventures at his most malicious in another timeline, which is a topic that will surely be explored in the Tom Hiddleston-starring Disney+ Loki (2021) show.

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