On the planet Krypton, Jor-El and his wife Lara decide to send their infant son to Earth so that he may escape the pending destruction of their planet. When the ship arrives on Earth, it is found by billionaire Lionel Luthor who secretly decides to adopt the child and raise him as his own. When the child begins to display incredible powers, Lionel naming him Lex, he decides to mold the child into his image and use the powers to conquer the world.
Meanwhile. farmer Jonathan Kent and his wife Martha give birth to a beautiful red headed boy whom they name Clark Kent. Years later, they are struck with grief as the doctor informs them that Clark has been diagnosed with incurable cancer.
As a place to begin his dark reign, Lionel and Lex decide to take over the very town that the Kents are living in. One night, during a meteor storm, Clark notices Lex weakening, especially when he is almost struck by a wierd green looking meteor. In a last ditch effort, to save his planet, and since he is dying anyways, Clark picks up the meteorite and runs towards Lex, in that instant a freak lightning bolt shoots from the sky and strike both Clark and Kent causing them to switch bodies and curing Clark's body of the cancer.