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Alex Backus

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Elizabeth Holmes, the former Theranos CEO whose rise and fall became one of Silicon Valley's most notorious stories, is back in the spotlight ahead of the release of a new documentary about her life.

The nearly three-hour film follows Holmes beginning 34 days before she was sent to prison, when she invited a “skeptical” film crew to document her “every move,” according to studio A24.

Directed by Nathan Fielder and Lance Oppenheim, You Can See Everything premiered during a secret screening at the Telluride Film Festival earlier this month.

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“What begins as an intimate portrait of an enigmatic felon becomes a mind-bending three-year journey into the abyss,” A24 said in its description of the film.

The trailer features a tense exchange captured in an extreme close-up between Holmes and Fielder in a home. As they speak, a baby coos in the background, eventually revealed to be in a bouncer Holmes is rocking with her foot.

“I'm not that person. I can promise you that,” Holmes says in the trailer. “I don't have anything to deceive you on. Of course I'm not deceiving you. I’m engaging with you as a human being. Why would I deceive you? There's no reason for me to do that."

“Okay, alright. Good chat. You’re being real right now?” Fielder asks.

“I’m always being real,” Holmes answers.

At a post-screening Q&A at Telluride, Fielder reflected on the film, saying he is “really struggling to this day to understand what I experienced,” according to The New York Times.

Newsweek reached out to A24 for comment.

When Will 'You Can See Everything' Be Released?

A24’s You Can See Everything will be released in theaters nationwide on October 16, 2026.

' You Can See Everything' (A24)

A24/A24

Is Elizabeth Holmes Still in Jail?

Yes. Elizabeth Holmes is currently serving her federal prison sentence at the Federal Prison Camp in Bryan, Texas, a minimum-security facility.

Holmes officially reported to prison on May 30, 2023. While she was originally sentenced to 11 years and three months in prison following her conviction, federal court guidelines and good behavior credits have since reduced her term. According to Bureau of Prisons records, her current projected release date is February 22, 2030.

What Did Elizabeth Holmes Do?

Holmes was the founder and CEO of Theranos. She was convicted of defrauding investors by making false statements about the company and its technology. Holmes misled investors about Theranos’s ability to perform blood tests and about the company’s business relationships.

According to the Department of Justice, Holmes spent years making false claims to attract investors and convince them to invest money in Theranos. These false statements caused investors to lose hundreds of millions of dollars.

“Her sentence reflects the audacity of her massive fraud and the staggering damage she caused,” U.S. Attorney Stephanie Hinds said following Holmes’s conviction.

Are Billy Evans and Elizabeth Holmes Still Together?

Holmes, 42, and Billy Evans, 34, are still together. They have two young children, and Evans has continued to support Holmes while she serves her federal prison sentence.

The pair has been engaged since 2018. Evans, a hotel heir, proposed to Holmes with a silver snake ring he had purchased at a Taylor Swift Reputation Tour concert they attended together, according to PEOPLE.

Former Theranos CEO Elizabeth Holmes alongside her boyfriend Billy Evans walks back to her hotel following a hearing at the Robert E. Peckham U.S. Courthouse on March 17, 2023 in San Jose, California. (Photo by Philip Pacheco/Getty Images)

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What Is Theranos?

Theranos, Inc., now defunct, was a blood-testing company founded in 2003 by Elizabeth Holmes, who served as its Chairperson and Chief Executive Officer. Based in Palo Alto and Newark, California, the company claimed to have developed a proprietary blood analyzer—variously referred to as the Edison, TSPU, or minilab—that could run any standard lab test from a single fingerstick. However, trial evidence showed the analyzer could only perform a few basic tests and was slower than existing devices.

Newsweek’s reporters and editors used Martyn, our AI assistant, to produce this story. Learn more about Martyn here.

Contact Newsweek editors on this story: Jason Lemon and Gray R. Thomas

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