Mission: Impossible 8 is set to become the most expensive entry from the MI franchise. The upcoming eighth part will serve as a direct sequel to Dead Reckoning (2023), which revolved around Tom Cruise’s Ethan Hunt and his team trying to get the key for opening up The Entity – a highly advanced and dangerous AI located inside a submarine named ‘The Sevastopol”. To open The Entity’s chamber, Hunt’s team needed a two-piece cruciform key. Now, the eighth instalment will focus on Hunt’s efforts to find out the submarine’s location to destroy The Entity.
As per Puck News, Mission: Impossible 8’s budget has crossed over $300 million, making it one of the most expensive movies ever. Dead Reckoning’s budget inflated up to $291 million due to the COVID-19 pandemic and other filming hurdles. These hurdles included the controversy associated with the Pilchowicki Bridge in Poland and an incident where Tom Cruise reportedly lost his calm and scolded some crew members for breaking COVID-19 regulations on set. According to Variety, Dead Reckoning needed to earn at least $600 million globally to turn into a profit. However, the actual break-even point turned out to be significantly higher than their estimates. Plus, Christopher Nolan’s Oppenheimer stole many of Dead Reckoning’s IMAX screens, substantially reducing the latter’s BO collections.
With a budget exceeding $300 million, Mission: Impossible 8 raises the bar extremely high for Tom Cruise, Paramount, Skydance, and other producers. To be considered a profitable entry, the film would need to earn over $650-700 million worldwide. This is a significant challenge considering the franchise’s highest-grossing film, Fallout (2018), minted over $791 million globally.
Mission: Impossible 8 stars Tom Cruise, Hayley Atwell, Simon Pegg, Ving Rhames, Vanessa Kirby, Esai Morales, Shea Whigam, Henry Czerny, Pom Klementieff, and more. It is scheduled to come out in theatres on May 23, 2025. Stay tuned for more updates.