Just as « Seth » appears to be, the god name « Horus » is an highly polysemic character. Through the analysis of over 900 occurrences in the Pyramid Texts, this paper attempts to classify the various theological referents, from the archaic model of Horus of Hieraconpolis – built for historiographical purpose – to the development of the character of Horus the child, heir of his father Osiris. Beyond the religious discourse, as usual, one can guess the trends of a political thought and the heavy ideological implications of the spread of the Osirian dogma.