At the start of 2025, Boom Supersonic’s experimental aircraft, the XB-1, broke the sound barrier six times over the Mojave Desert—without producing any audible sonic boom. This technical achievement seems to mirror the company’s position in the capital markets: it’s advancing at supersonic speed, yet hasn’t made a "noise" loud enough for mainstream investors in the public stock market.
However, interest in Boom’s shares is quietly building on specialized pre-IPO trading platforms.
01 Business Landscape
Boom Supersonic isn’t just trying to revive supersonic passenger travel. It’s building a dual business model that spans both aviation and next-generation energy.
At its core is the Overture airliner—a jet designed to cruise at Mach 1.7, aiming to cut transoceanic flight times in half. The order book already holds 130 firm and optional orders from leading carriers, including American Airlines, United Airlines, and Japan Airlines.
But its strategic reach goes further. At the end of 2025, Boom announced a $300 million funding round dedicated to developing its Superpower natural gas turbine.
This turbine shares 80% of its components with the Symphony engine being developed for Boom’s jets. Its first customer is AI infrastructure firm Crusoe, with an order valued at $1.25 billion. This marks Boom’s official move to deploy its advanced engine technology on the ground, powering energy-hungry AI data centers.
02 Key Developments
Boom Supersonic’s growth trajectory is clear, with critical milestones along the way. The XB-1 technology demonstrator successfully completed its entire flight test program in 2025, proving Boom’s capability to independently develop supersonic flight technology.
Now, the company is fully focused on the design and production of the full-scale Overture airliner. Construction is underway on the "Overture Superfactory" in Greensboro, North Carolina, with the first production line planned to deliver 33 aircraft annually.
Meanwhile, the Superpower turbine project is progressing rapidly. The Crusoe deal is not only a major revenue stream but, as CEO Blake Scholl puts it, "Boom’s Starlink"—a high-margin business designed to generate steady cash flow and support the core aerospace operations. The company plans to deliver the first turbines in 2027, with an ambitious ramp-up in production capacity.
03 Funding Journey
As a private company, Boom Supersonic’s valuation and share price are not publicly disclosed, but its fundraising history offers insight into its standing in the capital markets.
Publicly available information shows Boom has raised close to $1 billion in total. Its roster of investors is impressive, featuring top-tier venture capital firms and funds like Darsana Capital Partners, Altimeter Capital, ARK Invest, Bessemer Venture Partners, and Y Combinator.
To clarify Boom’s capital journey, the table below summarizes its recent key funding events:
| Funding Event | Key Details | Source/Notes |
|---|---|---|
| Total Funding Raised | Nearly $1,000,000,000 (1 billion USD) | Official company disclosure |
| Latest Funding Round (End of 2025) | $300,000,000 (300 million USD) | For Superpower turbine development |
| Major Investors | Darsana, Altimeter, ARK, Bessemer, Y Combinator, etc. | Leading VCs and investment funds |
| Latest Business Order | Crusoe order valued at $1,250,000,000 (1.25 billion USD) | For 29 Superpower turbines |
On pre-IPO secondary markets like Hiive, Boom Supersonic shares do trade, but only qualified investors can participate. Liquidity is limited and price data is not public.
04 Pre-IPO Investing
For most investors, the only way to buy Boom Supersonic shares today is through the pre-IPO (pre-listing) secondary market. This is a tightly regulated private market, open only to qualified investors—typically those meeting high net worth or income thresholds.
In this market, investors can purchase shares from early employees, venture funds, or other shareholders. Transactions are typically facilitated by authorized platforms such as Forge Global, Nasdaq Private Market, and Hiive.
Investing in Boom Supersonic’s pre-IPO shares means betting on several key milestones:
- Successful certification and mass production of the Overture airliner—the heart of its aviation ambitions.
- Scaling up the Superpower turbine business—the key to near-term financial sustainability.
- An eventual IPO or acquisition—the primary exit route for early investors seeking liquidity.
It’s important to note that these investments carry significant risk. Private companies offer limited transparency, shares are illiquid, and there’s no guarantee the company will achieve its business goals or go public.
05 Looking Ahead
Boom Supersonic stands at the intersection of two powerful trends: accelerating global connectivity and the explosive growth of AI computing power.
The Overture airliner aims to redefine human travel, while the Superpower turbine is targeting the urgent need for efficient power in AI data centers. This "dual-engine" approach not only paints a bold vision for the future, but also addresses the immediate challenge of building a sustainable profit model.
For participants in the digital asset space—especially Gate exchange users—Boom Supersonic’s story offers a unique lens into frontier technology and traditional equity financing.
While Boom’s equity is not yet tokenized, its narrative—blending advanced engineering, clean energy, and AI infrastructure—resonates strongly with the disruptive innovation themes favored in the crypto sector.
Looking Ahead
As of January 7, 2026, the company trading under the ticker BOOM on public markets is DMC Global Inc., a Colorado-based provider of products for the energy and construction sectors, with no connection to Boom Supersonic.
DMC Global’s shares closed at $6.91, with a market capitalization of approximately $142.28 million. Investors should take care not to confuse the two companies.
The real Boom Supersonic remains in the private realm. Its shares are the subject of quiet conversation among select qualified investors, while its future depends on the Greensboro factory in North Carolina, flight test data over the Mojave Desert, and its ability to power the world’s restless AI servers.
While the roar of supersonic travel has yet to reach the public’s ears, the capital markets’ early movers are already listening for the thunder of Boom’s engines coming to life.
