With the release of the Superman movie just weeks away, a new round of merchandising may have inadvertently revealed more than intended. A listing for James Gunn’s Superman Funko Pop figures appears to confirm a longstanding theory among fans: that a new character teased in trailers isn’t who they claim to be.
The wave of vinyl collectibles includes expected characters like Superman, Lois Lane, Lex Luthor, and a range of metahumans. But one figurine in particular—dubbed the Hammer of Boravia—has sparked renewed speculation online. The character, introduced as a warrior from a fictional nation, is believed by many fans to be a cover identity for none other than Ultraman, a twisted clone of Superman from the comics.
The theory has been circulating since the film’s second trailer, where Superman is shown engaging in a high-stakes aerial battle with this armored antagonist. But it’s the listing on Funko’s own website that’s added serious fuel to the fire. Alongside the product images for the Hammer of Boravia, there are not one, but two images of Ultraman—another character confirmed to appear in the DC Universe (DCU) reboot.
Adding to the intrigue is the product description, which notes that there is a “1 in 6 chance” of receiving Ultraman as a Chase variant of the Hammer of Boravia figure. In Funko terms, a “Chase” is a limited-edition version of a standard figure—meaning they’re typically variants of the same character. While this doesn’t amount to a direct confirmation, it heavily implies that the Hammer of Boravia and Ultraman are the same individual, at least from a narrative standpoint.
The implication? That Ultraman, possibly a clone or alternate-universe version of Superman, may be posing as this new character, setting up a significant twist for the film’s third act. This development aligns with a fan theory that has gained traction online, suggesting Gunn is using Ultraman to explore identity, duality, and legacy in the new DCU.
Of course, it’s not the first time a merchandising release has undercut a studio’s spoiler embargo. Recent leaks from LEGO and Hasbro have tipped off plot points for other major films, and this may be another example of commercial tie-ins getting ahead of marketing plans.
Unless Warner Bros. decides to address the leak directly—which is unlikely—audiences will have to wait until Supermanhits theaters on July 11, 2025 to see how it plays out. Until then, the evidence supporting this twist is stacking up fast.
