There is a little elephant who is disliked because of his particularly large ears. The outdated circus star Holt (Colin Farrell) brought his two children Millie (Nico Parker) and Joe (Finley Hobbins) to become the caregivers of the little elephant. They liked the little elephant very much and named it Dumbo. By chance, the father and daughter were shocked to find that Dumbo could actually fly. Once the news came out, citizens bought tickets to the circus to see this wonderful sight. The circus, which was on the verge of bankruptcy, was reborn and Dumbo became famous overnight. The big entrepreneur Vanderwell (Michael Keaton) found business opportunities in Dumbo, so he threw an olive branch and invited Dumbo to work in his club. However, it wasn't long before Holt discovered that Vanderwell was glamorous on the surface, but in fact he was a greedy capitalist who only had money in his eyes.