Question: is loki alive in thor the dark world?
Answer: Malekith merges with the Aether and leaves in his ship as Loki is fatally wounded while killing Algrim. ... Thor returns to Asgard, where he declines Odin's offer to take the throne and tells Odin of Loki's sacrifice. As he leaves, Odin's form transforms into Loki, who is alive and impersonating Odin.