"Pete's Dragon" is a family film that tells the story of a young boy named Pete who befriends a friendly dragon named Elliott. After being lost in the woods for six years, Pete lives in a treehouse with Elliott, who can become invisible. The film explores their adventures and the bond they share. When Pete is discovered by a local girl named Natalie and her father, Grace, they learn about Elliott and the challenges of keeping him safe from those who want to capture him. The story emphasizes themes of friendship, loyalty, and the importance of believing in the extraordinary.