James Gunn has directly refuted recent claims about the Supergirl movie’s $200 million budget, stirring debate surrounding the production’s finances and industry reporting. The discussion around the James Gunn Supergirl budget claims follows a high-profile article from Forbes Australia that sparked confusion online this week.
Disputed Supergirl Budget Figures Circulate
Recently, a Forbes Australia profile on Milly Alcock suggested that the upcoming Supergirl film would have a $200 million budget. Since both Alcock and director Craig Gillespie are Australian, the article gave the impression of insider knowledge. According to the report, the film’s financial break-even point would rise to around $500 million—raising the stakes for its box office performance. However, concerns about the accuracy of Forbes’ entertainment journalism have emerged, with critics highlighting a pattern of opinionated writing presented as expert industry reporting.
James Gunn Responds to Forbes Claims
The Forbes piece included a direct statement regarding production costs, reading:
“That mix of naivety and composure has defined her rise to success. In just five years, Alcock has gone from inner-west Sydney to global recognition in House of The Dragon, and soon, a superhero suit. Her name now sits beside the Supergirl: Woman of Tomorrow logo, a $200 million DC feature directed by fellow Australian Craig Gillespie.”
This assertion ignited discussions among fans, one of whom immediately asked James Gunn on Threads to clarify. Gunn’s response was brief and firm:
“Not even a little bit true.”
—James Gunn, Director
His denial indicates that the reported budget figure is inaccurate, though he did not disclose the actual number. Gunn has previously rejected budget reports regarding Superman movies, many of which originally circulated through similar outlets and later turned out to be off the mark.

Financial Success of Recent DC Films Under Review
Ongoing debates continue over the profitability of James Gunn’s Superman film. Studios are closely watching the success of upcoming projects, with the Minecraft sequel scheduled for release just two weeks after Man of Tomorrow, highlighting the franchise’s high financial expectations. The involvement of key figures like Jason Momoa, especially after his run as Aquaman, adds further intrigue. Despite Aquaman’s initial box office triumph, its sequel underperformed, reflecting the unpredictable nature of DC’s current slate.
The State of Female-Led Superhero Films
Hollywood has not seen a significant hit in female superhero movies since Zack Snyder’s Wonder Woman. The new Supergirl film, led by Milly Alcock, embraces the comedic style seen in several of James Gunn’s DC projects, possibly in hopes of reinvigorating the genre. There is speculation that adding Jason Momoa as Lobo and even a rumored appearance by David Corenswet as Superman could help attract audiences. However, whether these elements are enough to secure box office success remains uncertain as the studio seeks a breakout female-led franchise.
Anticipation Builds for Upcoming Release
Supergirl is set to premiere in theaters on June 26, 2026, under the direction of Craig Gillespie. In the lead-up to its release, the DCU will showcase the film at CCXP this weekend, aiming to generate further buzz and anticipation. As the discussion over the James Gunn Supergirl budget claims continues, attention will remain fixed on accurate reporting and the future direction of major superhero franchises.
