The Magician's Elephant is a novel by author Kate DiCamilo. In this novel, Peter Augustus Duchene is a ten-year-old orphan living with a soldier that once fought beside Peter's father. When the old soldier, Vilna Lutz, sends Peter into town one day to buy food, Peter spends his coin on receiving an answer from a fortune teller instead.

The fortune teller tells Peter that his sister is still alive. She also tells Peter that the elephant that will lead Peter to his sister. Peter ponders whether or not the fortune teller is telling the truth. That is until an elephant suddenly appears during a magic show. When Peter learns of this, he realizes that his sister, Adele, truly is alive and that the elephant has been sent there to lead him to his sister.

Adele, in the meantime, has been living at the orphanage for the last six years, since she was brought there are as a baby. She often dreams of an elephant coming to save her from the orphanage and to take her home. Finally, one night, Adele's dream comes true.

While leading the elephant to the magician to try to get him to reverse the spell, Peter and his sister reunite. The magician is able to return the elephant to her home. From this point on, the two children live together with their new parents, Leo Matienne and his wife Gloria, who are unable to have children of their own.