Lyric discussion by nutshell02 

Cover art for Red Giant lyrics by Alice in Chains

I feel this song is pretty straightforward. I find other Alice in Chains' songs meanings harder to interpret.

I see the song as describing the life of a performer, an actor, a musician, comedian, etc. I took it to describe what it might be like to be in Alice In Chains specifically, although that may only be the hint of a truth in an otherwise fictional song. Or maybe it just captures a moment in time, how they were feeling at a moment.

A clown is a performer, an entertainer. I appreciate a clown is on the cover of the Facelift album. And then there's the red and star imagery of Dirt. Hard to say if there is a Sap allusion in there between the clown and the star.

I picture the blowing up like a red giant, expansive, a star to be like a popular band's rise. Maybe "coming to burn this down and laugh my ass off" is the self indulgent or self destructive behavior trap that many who achieve success or stardom fall into. It could also be blowing up like a red giant is the headliner appearing on the stage to an uproarious crowd and burning this down is after having had a great show ("destroying it", "tearing the place apart", etc)

I picture the children being devoted fans that look up to the band. Many bands starting out and their fans can be young, so maybe it's "children" entertaining "children". Or an older band bringing in a new generation of fans.

There's also an arc through the song, where the beginning starts out fun, the chorus hinting at the darker, in the middle the mask starts to come down, and at the end, show's over and reality sets in.

Bands that play darker music (and some types of entertainment) get their edge by "toying with your own fears." I imagine that performers have to put on the same act no matter how they come into the performance feeling. (I relate that to "cause a lie ain't a lie if you're winning 'em over, Amen." Also, rock concert experience can parallel religious experiences in some ways) And an immersive performance can be like a sleight of hand.

I think the "too late now, show's over" lines are straightforward. I've heard performers talk about the adrenaline or feeling of a show being slow to wear off, so I can imagine that they've ended the show, taken the makeup off, and real life has set in, but the feeling of the show sticking around.

In relating this song to being about a band's experience on stage, during a show, and after a show, the "take the makeup off, you wonder why I look the same only bolder" line makes me think of the band Kiss.

My Interpretation