Overview
- Reports on June 19, 2026 say SoftBank exercised a put option and Hyundai plans to buy the remaining 9.65% of Boston Dynamics for $325 million, with a Hyundai board decision expected around June 22.
- The $325 million price for the minority stake implies an approximate company valuation of about $3.4 billion compared with the roughly $1.1 billion valuation at Hyundai’s 2020 purchase of an 80% stake.
- Boston Dynamics has announced plans to begin commercial production of its Atlas humanoid in 2026, and early units are reported to be earmarked for Hyundai’s plants and for Google DeepMind, though those production timelines remain company plans rather than completed deliveries.
- Industry analysts warn of material execution risk because scaling a complex humanoid from prototype to reliable, mass-produced factory worker requires solving hardware, software, parts supply and service challenges that have not yet been fully resolved.
- For Hyundai the purchase ties Boston Dynamics directly to its factory strategy by securing control of robot hardware, actuator supply through Hyundai Mobis, and an internal customer base, and it raises investor focus on whether early deployments will meet promised reliability and cost targets.