Hyundai Motor Group

Hyundai Takes Full Control of Boston Dynamics, Buying Out SoftBank for $325M

Hyundai Motor Group is buying SoftBank's remaining ~9.65% stake in Boston Dynamics for $325 million, completing its takeover of the Waltham, Massachusetts robotics company and turning it into a wholly owned subsidiary. The move closes out the put option SoftBank retained when Hyundai bought 80% control in 2021, and hands the automaker undivided ownership of the world's most famous humanoid-robotics brand just as physical AI becomes a venture and corporate obsession.