Hyundai takes full control of Boston Dynamics as SoftBank exits for $325 million
Via startupfortune.
Hyundai Motor Group is acquiring SoftBank's remaining 9.65% stake in Boston Dynamics for $325 million, completing its full ownership of the robotics company. The deal closes as Boston Dynamics' Atlas humanoid robot enters commercial deployment and the broader humanoid race intensifies against Tesla Optimus and Figure AI. SoftBank exits to redeploy capital toward its $41 billion OpenAI bet and AI infrastructure.
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Hyundai Motor Group has taken full control of robotics company Boston Dynamics after SoftBank agreed to sell its remaining stake for $325 million, marking a major step in Hyundai’s push to strengthen its position in advanced robotics and automation.
The deal gives Hyundai complete ownership of Boston Dynamics, the company best known for its agile robots such as Spot, Atlas, and Stretch. Hyundai first acquired a controlling interest in Boston Dynamics from SoftBank in 2021, viewing robotics as a key pillar of its long-term strategy alongside electric vehicles, autonomous driving, and smart mobility.
By buying out SoftBank’s remaining share, Hyundai gains greater flexibility to integrate Boston Dynamics’ technology into its broader industrial and mobility ecosystem. The move is expected to support Hyundai’s efforts in factory automation, logistics, autonomous systems, and next-generation manufacturing.
For SoftBank, the sale represents an exit from one of its high-profile robotics investments as the Japanese investment group continues to reshape its portfolio. For Hyundai, it signals a deeper commitment to turning robotics from a research showcase into a commercially valuable business.
Industry analysts see the acquisition as a sign that Hyundai wants tighter control over one of the world’s most recognizable robotics brands at a time when demand for automation and AI-powered machines is accelerating across manufacturing, warehousing, and mobility.