Actually, Double Naught Spy just beat me to it. What caught my attention was the 'beam' that looks like it's about to drop off. I thought about the white dot being the bullet, but dismissed that notion completely until I read the other comments.
I have done quite a bit of high speed photography to catch manufacturing equipment and other machinery 'in the act', such as when a centrifugal switch of an electric motor actually operates, and I can say that unless the shutter speed if extremely fast, the bullet would look like a blurr at best.
If the bullet is traveling at 1000 FPS (approximately, to make things easier), it would take it 1/1000 sec to travel one foot. If the shutter speed were 1/1000 (pretty fast) the bullet would appear as a streak about one foot long, which is how far it would have traveled while the shutter was open.
To appear as a dot, say about 1/2" long, the shutter would have to stay open for the length of time the bullet would take to travel the 1/2". Since there are 24 half-inches in a foot, the shutter speed would have to be 1/24000. Make sense?
My 2¢
Alex