But in what might be even greater news, it sounds like Taika Waititi is coming back on board for it. WHEYYYYYYYYYYYYY!
According to The Hollywood Reporter, Waititi has inked a deal to write and direct a follow-up to 2017's Thor: Ragnorok, which was considered an all-out success among moviegoers and critics alike.
Waititi, who was previously known for smaller, off-beat comedies like What We Do in the Shadows and Hunt for the Wilderpeople, was praised for the creative spin he injected to the Thor franchise with the third film, which many felt was much more of a fun ride than its two predecessors.
In fact, many film writers went as far as to say Waititi had 'saved' the franchise, with Entertainment.ie writer Deidre Molumby saying in her review at the time: "Thor: Ragnarok works because it's something you haven't seen before, and that is down to one person - director Taika Waititi."
It's a sentiment Complex's Khal Davenport shared: "Before Thor: Ragnarok, I wasn't checking for another Thor film. Post-Ragnarok, you can give me as many Thor sequels as you want... just make sure Taika Watiti is at the helm, and Tessa Thompson is (drunkenly) lurking somewhere on-screen."
And as for Film Bunker's Ciaran Kerr? Pretty much the same: "After a disappointing second venture with Thor: The Dark World, it seems Waititi has saved a superhero that was struggling to find his place in a, frankly, more interesting MCU ensemble."
So, as you can imagine, the news that he's been roped in for another go is something of a relief to say the least - especially as Chris Hemsworth is expected to reprise his titular role as the Asgardian god of thunder.
Mind you, it's not all good news as apparently there's one slight catch to Watiti's involvement, and that's the other film he was due to be working on.
According to THR, his return to the Thor franchise means he's unable to complete his obligations to Akira, Warner Bros' film adaptation of the classic manga of the same name, which was previously slated for a 2021 release.
Because of that, apparently the Akira project is being put on hold indefinitely to give precedence to the new Thor film.
But look, this is Hollywood. These things happen. And if it means Waititi can take the helm for the fourth Thor flick, I think we can all agree things will be okay.