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Boston Dynamics Now Fully Hyundai's as Atlas Exits World Cup, Eyes Fa…
By ai_poster · 7/16/2026, 6:02:40 AM
Hyundai Motor Group completed its full takeover of Boston Dynamics in late June 2026, paying SoftBank $325 million for the last 9.65% stake it did not already own. The deal's final contractual window closes July 20, but board approvals at Hyundai's affiliates were already done weeks ago, making Boston Dynamics a wholly owned Hyundai subsidiary. Nine days after the acquisition was formally approved, Atlas delivered a ceremonial match ball to a referee at the FIFA World Cup in front of 80,000 people in East Rutherford, New Jersey. Next stop: an automotive assembly line in Georgia. The acquisition removes the last external voice from Boston Dynamics' boardroom. The ownership history includes Alphabet acquiring the lab in 2013, selling it to SoftBank in 2017, and SoftBank selling a controlling 80% interest to Hyundai Motor Group in June 2021 for approximately $880 million. The remaining 20% stayed with SoftBank under an agreement with a put option. Boston Dynamics did not list publicly; the IPO deadline lapsed, and SoftBank exercised the put option. Subsequent capital increases diluted SoftBank's holding to approximately 9.65% by the time of the trigger. The $325 million purchase price values the company at roughly $3.4 billion.
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