Clark's spaceship is found in a cornfield by Pete and is then stolen by Dr. Hamilton. Clark tells a friend about his true identity. Lex's father returns from Metropolis and decides to stick around after finding out about the spaceship. Lana tells Clark she's broken up with Whitney.

What's up with Pete? Pete finds Clark's spaceship in a cornfield when he goes to investigate a truck that's been run off the road. He convinces Clark to help him stow it away in the shed behind his house and wants to tell Chloe and the world about their discovery. When the spaceship is stolen and Pete sees Clark and his dad driving away from the scene, he confronts Clark about it. Clark decides the only way to save his friendship with Pete is to tell him the truth about his past, but when he reveals the truth to his friend, Pete says he can no longer trust Clark and storms off.

What's up with Clark? When Clark tells his parents that he's confided in Pete, the Kent's aren't happy and tell Clark he needs to make sure Pete won't tell anyone. Before Clark can talk to Pete, they find out he's missing and Clark enlists Chloe to help track down his friend.

What's up with Lex? Lex cuts all funding to doctor Hamilton, who's showing severe signs of his exposure to Kryptonite, saying he can't fund a project that yields no results. Soon thereafter, Lex's father comes to stay with him, after he skips out on his physical therapy, and Lex reluctantly offers him the run of his mansion for as long as he wants. When Dr. Hamilton is unable to get Lex to change his mind, he shows Lionel his newest find, Clark's spaceship, which he stole from Pete's shed.

What's up with Lana? She tells Clark that she broke up with Whitney and that the truth often brings people together. When Clark fails to open up to her yet again, she seems agitated and disappointed about being shut out of Clark's life. When she returns to the coffee house, she finds out Nell has accepted a marriage proposal.

How it ends: Pete is tortured by Dr. Hamilton to find out who the spaceship belongs too. Pete remains a good friend and decides to take a lethal injection of Kryptonite rather than give Clark up. Just as Dr. Hamilton is ready to inject Pete, Clark breaks in and uses his heat vision to destroy the syringe and free Pete. But, when he does some liquid Kryptonite falls on him and he becomes sick. Pete fights off Dr. Hamilton and saves his friend. He takes Clark and the spaceship back to the Kent's farm and leaves Dr. Hamilton for dead. When Lex's father takes him to Dr. Hamilton's to see the spaceship, not only is the ship gone, but Dr. Hamilton is missing as well. Pete and Clark's friendship only seems to deepen and Pete joins the Kents as the only people who know Clark's secret.