According to a leaker on Twitter, the newest Bioshock title is in development hell and has been for quite a while now.
Oops Leaks on Twitter stated the following:
"In the summer of 2022 the project was rebooted for the fourth time. The constant changes in development teams and concepts do not bode well for the future of the series. The setting is probably staying the same but the game is currently being drastically rewritten. "
This will likely not come as a shock to anybody. It's been reported several times that there's a new Bioshock game in development, but we've still not actually seen anything from the game. There's no gameplay, no CGI trailer, nothing out there. Meanwhile, series creator Ken Levine has revealed his new title, Judas, to much hype, which is expected to release next year.