-23%

est. 2Y upside i

AerospaceSeries B

Economically and environmentally sustainable supersonic travel

Rank

#2803

Sector

Aerospace / Industrial

Est. Liquidity

~5Y

Data Quality

Data: Low

Boom offers high-risk, high-reward equity with significant upside potential from regulatory tailwinds and dual revenue streams, but common stock faces severe preference overhang ($1B) and dilution risk.

Last updated: July 3, 2026

Bull (10%)+178%

FAA noise rule change enables commercial supersonic flights, airline pre-orders convert, and turbine revenue scales; exit valuation ~$5B reflecting category leadership.

Base (50%)-1%

Modest progress on certification and turbine deliveries, but still pre-profit; exit valuation ~$2B, barely exceeding preference stack after dilution.

Bear (40%)-100%

Regulatory delays or certification failure, combined with capital intensity, leads to valuation below $1B; common equity wiped out by $1B preference stack.

Est. time to liquidity~5.0 years

Preference Stack Risk

severe

Funding Intensity

60%

Total funding of $1B represents 59.5% of current valuation, giving preferred shareholders significant liquidation preference.

Dilution Risk

high

Given very high capital intensity and pre-revenue stage, a future raise within 2 years is likely, diluting common shares by 15-25%.

Secondary Liquidity

limited

Recent secondary market exists but volume is likely low; employees may face limited liquidity options.

Questions to Ask at the Interview

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

  • 1

    “How does Boom's competitive moat protect against incumbent retaliation?”

  • 2

    “What is the path to profitability given the high capital intensity?”

  • 3

    “How does the equity structure (preference stack) affect common stock value?”

Community

Valuation Sentiment

Our model estimates -23% upside. What do you think?

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