It's called the HM4 Thunderbolt, and it's not so much a watch as a "horological machine." As explained by MB&F, the manufacturer:
Horological Machines are as much, if not more, art and sculpture as they are micro-engineering: they are machines which tell the time rather than machines to tell the time.
By designing and constructing three-dimensional machines rather than wristwatches, MB&F are able to break free of the constraints imposed by traditional horology and create kinetic art.
The watch is designed by Maximillian Busser and is a tribute to aviation, with a watch thrown in for fun.
I like it. But, oh, it costs $259,000. So I guess I will have to pass.