-59%

est. 2Y upside i

AerospaceSeries B

Economically and environmentally sustainable supersonic travel

Rank

#2220

Sector

Aerospace industry

Est. Liquidity

~5Y

Data Quality

Data: Medium

Boom Supersonic presents a high-risk, high-reward equity opportunity.

Last updated: March 10, 2026

Bull (15%)+250%

Successful Overture certification by 2030, coupled with favorable regulatory changes allowing overland supersonic flight, drives strong pre-order conversions and initial deliveries. The 'Superpower' turbine business also scales significantly, pushing the company to a $5.25B+ valuation by 2028 as a clear leader in the re-emerging supersonic market.

Base (45%)+75%

Overture development progresses with some delays, achieving certification by 2032. Initial deliveries are slow due to lingering regulatory restrictions or slower-than-expected market adoption. The 'Superpower' business provides a modest revenue stream, and the company reaches a $2.625B valuation by 2028, reflecting continued progress but also the long road ahead.

Bear (40%)-70%

Significant technical setbacks with the Symphony engine or Overture certification, or failure to overcome the overland supersonic flight ban, leads to further delays and increased capital needs. Competition intensifies, and the company struggles to secure additional funding, resulting in a down round to $450M by 2028, effectively wiping out most common stock value due to the $900M liquidation preference.

Est. time to liquidity~5.0 years

Preference Stack Risk

severe

Funding Intensity

60%

Investors hold $900M in liquidation preferences ahead of common stock. In an exit at or below the current $1.5B valuation, common stock could see significantly reduced returns or nothing.

Dilution Risk

high

As a Series B company with very high capital intensity and a long development timeline for its primary product, Boom will likely require several more substantial funding rounds, leading to significant future dilution for current equity holders.

Secondary Liquidity

limited

While secondary market platforms like Forge and UpMarket facilitate trading for accredited investors, transfers are subject to company approvals and potential restrictions like lock-up periods or right of first refusal.

View all 4 open roles at Boom →

Last updated: February 22, 2026

Questions to Ask at the Interview

Strategic questions based on Boom's data — designed to show you've done your homework.

  • 1

    “How is Boom actively engaging with regulators, particularly concerning the FAA's ban on supersonic flight over land, and what specific milestones are critical for the X-59 program to enable Overture's success?”

  • 2

    “With the launch of the 'Superpower' turbine business, how does this new revenue stream fit into Boom's overall financial strategy, and what are the projected revenue contributions compared to Overture's long-term potential?”

  • 3

    “Given the Series B funding and the very high capital intensity required for Overture's development, what is the company's strategy for managing employee equity value and providing potential liquidity options before a public offering, especially considering the significant preference stack?”

Community

Valuation Sentiment

Our model estimates -59% upside. What do you think?

Anonymous. Do not share material non-public information.

Community Discussion

Comments are reviewed before they appear publicly.

0/2000

Loading comments...

Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.