Is Ned going to become a wizard?
Ned’s magic is in line with the comics Hobgoblin steals a magic book at the Sanctum Sanctorum called the Word of God, which allows the user to alter the universe. Through this, Hobgoblin’s able to make Mordo the Sorcerer Supreme while Ned becomes his apprentice.
Will Ned be able to use magic?
One of No Way Home’s revelations was that Ned Leeds has magical powers. While the character was already substantially different from his comic book counterpart, the introduction of his MCU powers moved him even further away from his namesake in the comics.
What villain will Ned become?
Ned Leeds will become the MCU’s Venom. During the build-up to the third act of Spider-Man: No Way Home, Peter Parker’s best friend, Ned Leeds, learns that both the other Peters (Tobey Maguire’s and Andrew Garfield’s) have had best friends who became villains.