Rare Earth magnets can theoretically lift a 200,000 lb moving object by placing a magnet at each corner. The discussion highlights the feasibility of using large neodymium magnets for this purpose. A pull force calculator for rare Earth magnets was shared to assist in understanding the necessary magnet strength. The conversation also addresses the relationship between attractive and repulsive forces of magnets, indicating they are calculated similarly. Overall, the use of rare Earth magnets for lifting heavy objects is supported by both practical suggestions and theoretical explanations.