Conviction Investors Save Boom Supersonic From Near Shutdown

In a post on X, Boom Supersonic founder Blake Scholl said the company came close to shutting down before its XB-1 aircraft broke the sound barrier. Scholl wrote that Boom had only weeks of cash left, that its Mojave team was exhausted after months of technical problems, and that a board meeting told him to shut the company down. The post is drawing attention because Scholl says a smaller group of committed backers kept Boom alive through that stretch, turning a near-collapse into a story about who funds expensive hardware bets when, according to Scholl and supportive quote-posts, conventional venture money backs away.