Justin, I totally agree with Elaine. Puppy cannot be trusted if you doze off. I learned the hard way .No, no, and more no. Your puppy is WAY too young not to be crated when you are sleeping. You just might wake up to a new hole in your bed or discover he got off the bed and chewed on something that could make him sick or dead. When he's older and safe to have loose in the house, then you can take up the matter of having him in bed with you or not.
We have a king size bed too and my husband said that Mac would never sleep with us...ever!!! Mac's 10 months now and sleeps in our bed every night LOL.