According to a report from Deadline, it has been revealed that the script for the third Spider-Man movie is already in the works where actor Tom Holland is expected to reprise his role. However, the report goes on to add that director Jon Watts, who directed the first two movies, might not return. Apparently, this is due to his contract in which he was only contracted for the first two movies, and that now both Sony and Marvel are trying to court him for future movies.
That being said, it will be interesting to see how the movie will move forwards without it being in the MCU. This because by it no longer being part of the MCU, it means that future movies will not be able to reference things like Iron Man, where the character Happy Hogan has played a role in pretty much every Spider-Man movie to date.
It also means that Nick Fury will not be part of future movies as well, where the character did play a pretty big role in Spider-Man: Far From Home. Either way, we’ll just have to wait and see how this plays out.