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His turn as writer and director of Thor: Love and Thunder was met with mixed reception, as his attempt to apply his own brand of self-aware genre-bending left much to be desired for some fans who love the very particular way the MCU writes its narratives.
Source: https://collider.com/next-goal-wins-release-date-cast-plot-crew-taika-waititi/
The actor wore it at the Los Angeles premiere of Thor: Love and Thunder in June 2022 and sported it again in November 2022 at the Limitless premiere in New York.
The Thor: Love and Thunder has been working on his movie for over three years and it appears that it is not going into production anytime soon regardless of the ongoing 2023 SAG-AFTRA strike which has put numerous productions on hold.
Source: https://www.cbr.com/taika-waititi-shares-details-about-the-fate-of-his-star-wars-film/
Thor: Love and Thunder Black Panther: Wakanda Forever also both failed to outgross their predecessors, and audiences gave four of Marvel's six films before a CinemaScore grade of B+ or lower.
Source: https://theweek.com/marvel/1023310/guardians-of-the-galaxy-vol-3-box-office-opening-weekend
Thor: Love and Thunder is available now on home video.
Source: https://comicbook.com/movies/news/watch-rita-ora-scare-the-crap-out-taika-waititi-marvel-mcu/