Hyundai moves to take full ownership of Boston Dynamics

Hyundai Motor Group is buying out SoftBank's remaining roughly 9.65% stake in Boston Dynamics for about $325 million, a deal set for approval at a June 22 board meeting that would make the robotics maker a wholly owned subsidiary of the Korean automaker and its affiliates. The buyout exercises a put option tied to Hyundai's original 2020 acquisition and implies a valuation of about $3.4 billion - more than triple the roughly $1.1 billion mark when Hyundai first took control. Full ownership comes as Boston Dynamics ramps production of its all-electric Atlas humanoid, with the entire 2026 run committed to Hyundai facilities and Google DeepMind.