[SOLVED] How do I connect 2 sets of Airpods to one iPhone so we can both watch or listen at the same time?

If both of you have Watches they have a Walkie Talkie app that will do what you want.

This is what I found via a quick search of the web:

Yes, there are several, highly effective, push-to-talk (PTT) walkie-talkie apps for iPhone that function over cellular data or Wi-Fi. The top options include Zello (most popular), Two Way (simple, no signup), and Walkie Talkie Intercom App, which allow instant voice communication across various distances.

Here are the best options for turning your iPhone into a walkie-talkie:

Zello Walkie Talkie (Most Popular): Apple works over Wi-Fi, 3G, or 4G and features fast, clear voice messages, channel support for up to 6,000 users, and allows you to replay messages.

Two Way: Walkie Talkie: Apple provides a simple, direct experience that doesn't require account creation. Users select a channel number and talk instantly, though the app must be running in the background.

Walkie Talkie Intercom App: Apple offers a user-friendly interface, private channels, and theme customization for a more personalized experience.

Microsoft Teams: YouTube includes a built-in walkie-talkie feature designed for professional teams needing instant, secure communication.

Key Features of Walkie-Talkie Apps:

Instant Voice: Push to talk, release to listen.

Unlimited Range: Unlike physical radios, these work anywhere you have internet connectivity.

Background Activity: Many apps allow you to receive messages even while the app is in the background or with the device locked.

Compatibility: Most are cross-platform, allowing iPhones to communicate with Android users.

No it’s not possible.

AirPods are headphones, they aren’t walkie talkies.