And composite materials like on the A350 and 787 have been around, see the A350 and 787.
The plane doesn't exist either, it was a plan.
> And composite materials like on the A350 and 787 have been around, see the A350 and 787
Their point of comparison is the Concorde. If they can make a plane that is significantly cheaper than the Concorde, thanks to the great tech that is now mainstream (composites, turbofans, CAD) but wasn't back then, it can be similar in cost to modern day business class, while still being supersonic. At least that was their marketing pitch, i don't see it taking off without an engine.
But even if you assume there's a viable transatlantic market for supersonic flight, you probably can't charge all that huge a premium over business/first. If your premium has to be 2x to 3x, I doubt you have a market.
Handwaving away noise issues with supersonic flight over land gets you closer to something viable. But you still need economics that aren't that different from an all business-class subsonic. (And my understanding is that British Airways had trouble making all business work on the London to New York route.
I don't know - the all-business class A318 service from London City to JFK ran from 2009 to 2020 and was up to two flights a day for a significant part of that time. I guess it was really Covid that killed it.
https://en.wikipedia.org/wiki/SABRE_(rocket_engine)
Mind you, I've been hearing about that since I was at high school and I'm in my late 50s. :-)