A platform, system, and method for simulating critical rock collapse of surrounding rock in underground engineering includes: four vertically arranged reaction walls defining a square reaction space, and a base mounted at a lower end opening of the wall; and a row of horizontally arranged stress loading plates at a side of each wall close to the reaction space, and a reaction beam above this space, where the reaction beam, the stress loading plate, and the base define a loading space, and the loading space is configured for placement of a surrounding rock simulation block to be tested; the stress loading plate capable of moving horizontally in a direction of the reaction wall, and the reaction beam capable of moving in a vertical direction, so as to load the surrounding rock simulation block; and the stress loading plate and the reaction beam being driven by linear motion units for movement.