Netflix has released a final “Goodbye” trailer for Squid Game following the Season 3 finale, officially closing the chapter on the Korean original. The clip marks the end of the main series and hints at uncertainty surrounding the rumored American spin-off.
Squid Game’s Goodbye trailer might mean there’s no American spin-off
Netflix’s official “Goodbye” trailer for Squid Game, released on July 16, 2025, has fueled speculation about the franchise’s future.
The one-minute video features key visuals from the series and confirms the end of the Korean original. Its description reads: “Game over. Thank you for playing. Squid Game, the complete series, only on Netflix.” The trailer delivers definitive closure for the Korean storyline and carries a somber and conclusive tone. This may complicate efforts to build momentum for the reported American spin-off.
The series finale featured Cate Blanchett in a brief cameo as an American recruiter. Although the scene sparked rumors of a possible expansion, series creator Hwang Dong-hyuk clarified that he did not design the ending to launch a new series. “I didn’t end it on that note in order to deliberately leave room for further stories,” Hwang told The Hollywood Reporter. He explained the cameo’s purpose was symbolic, highlighting the persistence of systemic exploitation rather than teasing a continuation.
Reports previously suggested David Fincher was attached to an English version of Squid Game. However, Netflix has made no official announcement, and Hwang confirmed he has not been involved. “Honestly, nothing has been said to me officially by Netflix about this. I’ve only read it in articles,” he said. Despite being open to watching a Fincher-led adaptation, Hwang emphasized that the original story arc has concluded.
The trailer’s finality, coupled with Hwang’s remarks, casts doubt on the immediate development of a U.S. version. With the Korean narrative wrapped and no spin-off greenlit, the trailer may signal that any plans for continuation now face creative and logistical hurdles. As of now, it seems Squid Game remains a closed chapter, despite global popularity and fan demand for more.
Originally reported by Anubhav Chaudhry on SuperHeroHype.
