Elizabeth Holmes is back in the spotlightâbut this time, she is not being played by an actress.
A24 has suddenly unveiled You Can See Everything, a secret documentary about former Theranos founder Elizabeth Holmes, directed by comedian and filmmaker Nathan Fielder and documentary filmmaker Lance Oppenheim.
The film made a surprise debut at the Telluride Film Festival on September 6, 2026, after being kept largely secret for years. A24 has announced a theatrical release for October 2026, although a specific release date has not yet been announced.
The documentary has immediately attracted attention because of its unusual premise: Holmes herself invited a film crew into her life shortly before she began serving her prison sentence for fraud related to Theranos.
The result is apparently something much stranger than a conventional business documentary.
Here is everything to know about You Can See Everything, Elizabeth Holmes, Nathan Fielder, Theranos, Billy Evans and the story behind A24’s surprise movie.
What Is You Can See Everything?
You Can See Everything is a 2026 documentary directed by Nathan Fielder and Lance Oppenheim.
According to A24’s synopsis, the film begins 34 days before Elizabeth Holmes was due to report to prison, when she invited a skeptical film crew to document her life.
What starts as an intimate portrait of the disgraced Theranos founder reportedly develops into a much larger, three-year filmmaking project.
The film is unusually long for a documentary, running approximately 174 minutes, or nearly three hours.
The project was filmed in secret, and its existence was not publicly revealed until its surprise Telluride screening.
That secrecy has become part of the movie’s story.
Telluride attendees reportedly had their phones secured before entering the screening, while the festival treated the mystery screening as a genuine surprise.
A24 subsequently released a teaser, confirming that the mysterious film was indeed Nathan Fielder’s Elizabeth Holmes documentary.
Who Is Elizabeth Holmes?
Elizabeth Holmes is the founder and former CEO of Theranos, the Silicon Valley health technology company that promised to transform blood testing.
Holmes founded Theranos in 2003 and became one of the most famous young entrepreneurs in the technology world.
The company’s central promise was extraordinary: Theranos claimed that its technology could perform a wide range of medical tests using only a small amount of blood.
The company attracted major investors and prominent political and business figures.
Holmes became a celebrity CEO and a symbol of Silicon Valley ambition.
But the story eventually collapsed.
Investigations raised serious questions about whether Theranos’ technology could actually perform the tests the company claimed it could. The company eventually shut down, and Holmes faced federal criminal charges.
In January 2022, a federal jury convicted Holmes of one count of conspiracy to commit fraud against investors and three counts of wire fraud against investors. She was acquitted of patient-related fraud charges, while the jury could not reach unanimous verdicts on three other investor-related counts.
In November 2022, Holmes was sentenced to 135 monthsâ11 years and three monthsâin federal prison.
That legal history forms the backdrop for You Can See Everything.
Why Is Nathan Fielder Making an Elizabeth Holmes Documentary?
This is perhaps the most intriguing question surrounding the film.
Nathan Fielder is best known for projects that deliberately blur the boundaries between comedy, reality television, performance and documentary filmmaking.
His work includes Nathan for You, The Rehearsal and The Curse.
His approach is particularly suited to a subject like Holmes, whose public image has always been difficult to separate from questions of performance, persuasion and self-belief.
In the new documentary, Fielder is not simply narrating Holmes’ story from a distance.
He is interacting directly with her.
The teaser released by A24 shows Fielder and Holmes sitting extremely close to one another during an intense conversation.
Holmes insists that she has nothing to deceive him about.
Fielder responds with skepticism.
The brief exchange has already become one of the most discussed elements of the film because it captures the unusual relationship at the center of the documentary.
You Can See Everything and the Elizabeth Holmes Prison Story
One of the biggest reasons the documentary has attracted so much attention is its timing.
The filmmakers began documenting Holmes shortly before she entered prison.
Holmes reported to federal prison in May 2023 to begin serving her sentence.
That gave Fielder and Oppenheim access to an extraordinary moment in her life: the period immediately before a former Silicon Valley celebrity was transformed into a federal prisoner.
The documentary reportedly captures Holmes at home with her family during those final weeks.
The filmmakers then continued working on the project after Holmes entered prison, expanding what had initially been a relatively contained documentary into a much broader examination of her life and circumstances.
This is one reason the movie is being described as much more than another retelling of the Theranos scandal.
Who Is Billy Evans?
Another important figure in You Can See Everything is Billy Evans, Elizabeth Holmes’ husband.
Evans and Holmes have two children together, and he became increasingly important to the filmmakers as the project continued.
According to reporting about the film, once Holmes entered prison, Evans became an important conduit between the filmmakers and Holmes. The documentary therefore shifts its focus in part toward the couple’s relationship and what happened around Holmes’ incarceration.
The involvement of Evans is particularly significant because the documentary apparently does not remain solely focused on Theranos.
Instead, it examines Holmes’ life after the collapse of the company and during the transition from entrepreneur to convicted felon.
What Happened to Theranos?
Theranos was once valued in the billions and was promoted as a revolutionary healthcare technology company.
Its downfall became one of the most notorious corporate scandals in recent American history.
The company claimed its technology could conduct numerous medical tests from very small quantities of blood.
However, investigations and subsequent legal proceedings established that the company’s claims about its technology were misleading.
Holmes was eventually convicted for defrauding investors.
The U.S. Department of Justice says the investor fraud involved wire transfers totaling more than $140 million.
Holmes was also ordered to pay $452 million in restitution to investors alongside her prison sentence. The conviction and restitution order were later upheld on appeal.
The Theranos scandal has since inspired books, documentaries, podcasts, news investigations and dramatizations.
But You Can See Everything is different because it features the real Elizabeth Holmes rather than an actor portraying her.
Is You Can See Everything a Documentary or a Movie?
Technically, it is a documentary film.
However, reports from the Telluride screening suggest that the movie does not behave like a traditional chronological documentary.
Critics have described it as unconventional, surreal, psychologically intense and difficult to categorize.
Some reports also indicate that the film incorporates elements that blur the line between documentary observation and constructed filmmaking.
That approach fits Fielder’s filmmaking style.
Rather than simply presenting facts about Theranos, the documentary appears interested in a more complicated question:
What happens when a filmmaker spends years trying to understand someone whose version of reality conflicts so dramatically with the established record?
That question may ultimately be more important to the film than simply explaining the Theranos scandal again.
Elizabeth Holmes and Nathan Fielder: What Makes Their Interaction So Strange?
The teaser’s central conversation provides an early clue.
Holmes insists she is being genuine.
Fielder appears unconvinced.
The interaction is uncomfortable because viewers already know the history.
Holmes was convicted of investor fraud, yet she has continued to maintain that she did not intentionally deceive people.
That creates an unusual dynamic for a documentary filmmaker.
Fielder is not interviewing an anonymous subject whose story remains uncertain.
He is interviewing someone whose public history, criminal conviction and personal account exist simultaneously.
The tension between those versions of reality appears to be at the heart of You Can See Everything.
Did Elizabeth Holmes Agree to the Documentary?
Yes.
According to the film’s official synopsis and multiple reports, Holmes herself invited the filmmakers to document her life shortly before she went to prison.
That decision makes the documentary particularly unusual.
Holmes was facing a major personal transition and knew she was about to enter federal prison.
Instead of retreating from public attention, she allowed cameras into her life.
The result gives the filmmakers access to a side of Holmes that previous documentaries and dramatizations could not capture.
Elizabeth Holmes Documentary vs. The Dropout
If the name Elizabeth Holmes sounds familiar, that’s because her story has already been adapted several times.
The most famous dramatization is Hulu’s The Dropout, starring Amanda Seyfried as Holmes.
There is also the documentary The Inventor: Out for Blood in Silicon Valley, which explored the rise and collapse of Theranos.
But You Can See Everything is fundamentally different.
It does not recreate Holmes through an actress.
It features the real Holmes.
That distinction matters because the audience is not watching a scripted interpretation of her personality.
Instead, viewers are seeing Holmes herself at a crucial point in her life.
The film reportedly even includes Holmes watching The Dropout, creating another layer between the real person and the fictionalized version of her story.
When Does You Can See Everything Come Out?
A24 has confirmed that You Can See Everything will be released in theaters in October 2026.
However, as of September 7, 2026, the studio has not announced a specific theatrical release date.
The film’s surprise Telluride premiere happened on September 6.
A24 released the teaser around the same time, immediately turning the previously secret project into one of the most talked-about documentary releases of the fall.
For now, audiences will have to wait for the theatrical rollout.
Where Can You Watch You Can See Everything?
The film is scheduled for a theatrical release through A24.
It is not currently available as a streaming movie.
A24’s official film listings now include You Can See Everything among its 2026 releases.
Because the movie has only just been announced publicly, streaming information has not yet been confirmed.
What Is You Can See Everything About?
At the simplest level, it is about Elizabeth Holmes before and around the beginning of her prison sentence.
But the film appears to be exploring something much deeper.
It is about belief.
It is about public image.
It is about deception and self-deception.
It is about what happens when someone maintains a version of events that conflicts with a court’s findings and the historical record.
And, perhaps most importantly, it is about what a filmmaker can discover after spending years inside that contradiction.
The film’s titleâYou Can See Everythingâmay itself be deliberately provocative.
The audience can see Holmes.
The filmmakers can see Holmes.
Holmes believes she is being completely honest.
And yet the central question remains: what exactly are we seeing?
Elizabeth Holmes Prison Status in 2026
Holmes remains incarcerated after beginning her federal sentence in 2023.
Her original sentence was 11 years and three months, although Bureau of Prisons records have reflected reductions to her projected release date over time. Recent reporting places her projected release in late 2031, but federal inmate release dates can change.
Holmes has also sought executive clemency.
In January 2026, Reuters reported that she had asked President Donald Trump to commute her sentence. At that time, the request remained under review.
Her prison situation adds another layer of relevance to the documentary because much of the film’s story begins just before she entered custody.
Why You Can See Everything Is Already Creating Buzz
The biggest reason for the excitement is not simply Elizabeth Holmes.
It is the combination of Elizabeth Holmes + Nathan Fielder + A24.
Each element brings its own audience.
Holmes is one of the most recognizable figures in the history of Silicon Valley scandals.
Fielder is known for making reality itself feel strange.
And A24 has developed a reputation for releasing unconventional films that generate strong online conversation.
Putting those three together has produced an unusually intriguing movie.
The surprise Telluride screening only increased the curiosity.
Critics who saw the film before the general public have already described it as disturbing, gripping, strange and unlike a conventional documentary.
Final Takeaway
You Can See Everything is shaping up to be one of the most unusual documentary releases of 2026.
It revisits a story audiences already knowâthe rise and collapse of Theranos and the downfall of Elizabeth Holmesâbut approaches it from an entirely different direction.
Instead of relying primarily on former employees, investigators, journalists or actors, Nathan Fielder and Lance Oppenheim put the real Holmes at the center.
They filmed her shortly before prison.
They continued the project for years.
They brought Billy Evans and her family life into the story.
And they appear to have created something that is less a conventional Theranos documentary and more an extended psychological encounter with one of the most controversial figures of the technology era.
For anyone searching Elizabeth Holmes, Theranos, Nathan Fielder Elizabeth Holmes, Elizabeth Holmes documentary, Elizabeth Holmes prison, Billy Evans, or You Can See Everything A24, this is the new film to watch.
And if the early reactions are any indication, the strangest part of the Theranos story may not be behind us yet.
FAQs
Who is Elizabeth Holmes?
Elizabeth Holmes is the founder and former CEO of Theranos, a health technology company that claimed it could perform numerous blood tests using very small blood samples. She was convicted in 2022 of investor fraud and sentenced to 11 years and three months in federal prison.
What is You Can See Everything?
You Can See Everything is a 2026 documentary about Elizabeth Holmes, co-directed by Nathan Fielder and Lance Oppenheim and released by A24.
Is You Can See Everything a documentary?
Yes. A24 describes the project as a documentary film featuring Elizabeth Holmes.
Who directed You Can See Everything?
The documentary was directed by Nathan Fielder and Lance Oppenheim.
Is Nathan Fielder in the Elizabeth Holmes documentary?
Yes. Fielder appears in the documentary and interacts directly with Holmes.
What happened to Theranos?
Theranos collapsed after serious questions emerged about its blood-testing technology and business practices. Holmes was subsequently convicted of investor fraud.
Is Elizabeth Holmes still in prison?
Yes. As of September 2026, Holmes remains incarcerated. Her projected release date has changed over time because of sentence credits and other factors.
Who is Billy Evans?
Billy Evans is Elizabeth Holmes’ husband. He and Holmes have children together and he reportedly became an important part of the documentary after Holmes entered prison.
When does You Can See Everything release?
A24 has announced a theatrical release in October 2026, but the exact date has not yet been announced.
Where can I watch You Can See Everything?
The documentary is scheduled for a theatrical release through A24. Streaming availability has not yet been announced.