Is the street urchin kid supposed to be Peter (implied future passing of the mantle?)
If the kid is supposed to be the in-universe version of Peter, then it’s possible he inherits the “refined” version of Ben’s philosophy - “with great power….” instead of “with no power….”. He’d need his own arc, obviously, to explain his origin - but by the time he’s in his twenties, a radioactive spider would be a distinct possibility. He certainly has the wisecracking city kid vibe for it. Personally really enjoyed his and Ben’s chemistry, very reminiscent of a Batman/Robin style mentoring relationship (though I think the nod was more towards Dick Tracy). I could totally see him becoming the traditional blue-and-red friendly neighborhood Spidey in that universe, once he’s all grown up.
Edit: Just realized Ben Reilly is implied to be a new name adopted by The Spider (presumably to prevent his identity being traced to the PoW camp). So I suppose it’s also possible Ben is implied to be Peter, minus the rights etc because Sony. It’s just fun to think that the kid might actually be Peter.