- Directors: Jay Roach
- Producers: Mike Myers, Demi Moore, Jennifer Todd, Suzanne Todd
- Writers: Mike Myers, Michael McCullers
- Genres: Action, Adventure, Comedy, Crime
- Actors: Mike Myers, Heather Graham, Michael York, Robert Wagner, Rob Lowe, Will Ferrell
NATOâ€™s monitoring facility observes the return of Dr. Evil (Mike Myers) and informs British intelligence. At Dr. Evilâ€™s Seattle headquarters, Dr. Evil is presented with a one-eighth-size clone of himself (Verne Troyer) whom he calls Mini-Me. Number Two (Robert Wagner), who survived his incineration towards the end of the previous film, also reveals the enormous profits they have made by legitimately investing in a previously unknown startup company called “Starbucks”. However, Dr. Evil is unimpressed and unveils his latest evil planâ€”he has developed a time machine to go back to the sixties and steal Austin Powersâ€™ (also Mike Myers) mojo, a fluid inside his “family jewels” which is the source of Austin’s incredibly sexual prowess and appeal.
Meanwhile, back in 1999, Austin is still enjoying his honeymoon with his wifeâ€”the former Vanessa Kensington (Elizabeth Hurley). Unfortunately, something goes amiss, and it turns out that she is actually one of Dr. Evilâ€™s kamikaze fembots who attempts to kill Austin, but eventually self-destructs. He grieves briefly, but then proceeds to the lobby naked and celebrates being single again.
Dr. Evil and Mini-Me go back to 1969 and meet up with a younger Number Two (Rob Lowe) and (a not-so-young) Frau Farbissina (Mindy Sterling). A disgruntled â€œScottish Guardâ€ with unusual eating habits called Fat Bastard (again, Mike Myers) has been hired to extract Austinâ€™s mojo from his frozen body at the Ministry of Defence Cryo Chamber.
Then, during the credits, we see Austin returning to his pad, only to hear Felicity having sex with another man. However, when he enters the room, he discovers that it is in fact the past Austin, who makes the claim that since he and Austin are the same person, it’s not cheating. Austin of course forgives Felicity (“I can’t blame you, Felicity, I mean… the man is handsome, baby!”) As he discovers he’s got his mojo back, both Austins then make their move on Felicity as the clip fades back to the credits.