Can You Invest in Boston Dynamics?
If you've ever seen a robot carrying tools, cleaning a house, pulling a wagon, or doing parkour, chances are it was designed by Boston Dynamics.
The Massachusetts-based company has been developing cutting-edge robotics for decades.
Today, it's best known for Spot — a dog-like robot primarily used for inspections in construction, mining, and military settings — and Atlas, a humanoid robot capable of running, lifting, and navigating real-world environments.
Atlas made headlines after being showcased at CES, the world's largest tech conference, in January 2026. After a nearly flawless demonstration, Boston Dynamics is now thought to be the frontrunner in the race to develop humanoid robots.
What's more, Boston Dynamics announced a partnership with Google DeepMind, which will supply its artificial intelligence technology to Boston Dynamics robots.
While commercially viable humanoid robots are still years away, Boston Dynamics' physical hardware paired with DeepMind's Gemini Robotics model represents one of the most advanced human-like systems in development today.
The opportunity for early investors is obvious. But can you invest in Boston Dynamics? Let's take a closer look.
Can you buy Boston Dynamics stock?
Boston Dynamics is a private company and is wholly owned by two other companies, which means there is no Boston Dynamics stock symbol or stock price.
However, while you can't directly purchase shares of Boston Dynamics, there are a couple of ways to gain exposure to it.
Buy Hyundai stock
Hyundai Motor Company (KRX:005380) acquired an 80% stake in Boston Dynamics from SoftBank in 2021, valuing the robotics maker at $1.1 billion.
The deal gave Hyundai a controlling interest and positioned Boston Dynamics as a key pillar of its mobility solutions business, its second-largest business segment (behind automobiles). It also gave Hyundai significant exposure to Boston Dynamics.
Hyundai, which trades on the Korea Exchange, has a market capitalization of around $52 billion.
Assuming a $5 billion valuation for Boston Dynamics, the robotics subsidiary makes up ~8% of Hyundai's total business. But that figure may be conservative.
Boston Dynamics' main rivals in the humanoid robotics race are Tesla (TSLA) and Figure AI — the latter of which raised funding in September 2025 at a $39 billion valuation.
Based on recent demos, it's unclear which company is furthest ahead, though Boston Dynamics' Atlas showing at CES 2026 led many to believe it's the frontrunner.
If that's true, and if Boston Dynamics commands a valuation on par with Figure AI, Hyundai's stake could be worth upwards of $30 billion. And if Boston Dynamics can further commercialize its products, Hyundai's stock could see meaningful appreciation.
Buy SoftBank stock
As mentioned above, Hyundai purchased 80% of Boston Dynamics from SoftBank. SoftBank, through one of its subsidiaries, holds the remaining 20%.
Similar to Hyundai, you could invest in SoftBank (SFTBY) to get indirect exposure to Boston Dynamics.
That said, SoftBank has a market capitalization of $172 billion. Assuming a $5 billion valuation for Boston Dynamics, SoftBank's stake in it equates to 0.5% of its total business.
Given this relatively small stake, Boston Dynamics will not have much of an effect on SoftBank's stock price unless it were to 25x, 50x, or 100x.
Still, if you're interested in owning the rest of SoftBank's investment portfolio, investing in its stock would also give you some exposure to Boston Dynamics.
Are there other robotics stocks to buy?
If you're interested in investing in the robotics industry in general, here are four publicly traded companies you may want to consider:
- Tesla (TSLA) is developing its own humanoid robot called Optimus, designed to perform repetitive or dangerous tasks in factories and homes. Like Boston Dynamics' Atlas, Optimus is being built for general-purpose use in human environments.
- Rockwell Automation (ROK) builds the hardware and software behind many of today's automated factories. Its robotics systems focus on task-specific automation in industrial settings — though they aren't general-purpose robots like those being developed by Boston Dynamics, Tesla, or Figure AI.
- ABB Ltd. (ABBNY) is a global leader in industrial robotics and automation, with thousands of robotic arms deployed across manufacturing, logistics, and automotive plants. It's one of Boston Dynamics' closest peers in factory-focused robotics.
- NVIDIA (NVDA), while best known for its chips, powers much of the AI behind next-gen robotics. Its Isaac platform helps developers simulate and train robots, including humanoids, using digital twins — similar to how Boston Dynamics combines hardware with AI for real-world applications.
For a more diversified approach to investing in robots, you may be interested in these two ETFs:
- ARK Autonomous Technology & Robotics ETF (ARKQ): The ARKQ ETF invests in companies identified as benefiting from automation and other technological advancements.
- Global X Robotics & Artificial Intelligence ETF (BOTZ): The BOTZ ETF invests in companies involved in the development and production of robots or AI.
Who owns Boston Dynamics stock?
Boston Dynamics was founded in 1992 by Marc Raibert, who was a professor at MIT.
Initial funding primarily came from the U.S. military and the Defense Advanced Research Projects Agency (DARPA), the government's R&D arm.
Then, in 2014, the startup was acquired by Alphabet (GOOGL), Google's parent company, for an undisclosed amount. Three years later, in June 2017, SoftBank bought the company from Alphabet.
In June 2021, Hyundai purchased 80% of the company from SoftBank at a valuation of $1.1 billion. SoftBank retained the remaining 20%.
Other than these two companies, early employees and executives likely own some equity in the company, though there is no information about ownership splits.
How to buy the Boston Dynamics IPO
There have been no plans announced for a Boston Dynamics IPO.
As the controlling owner, Hyundai may decide to spin Boston Dynamics off at a later date if the business begins generating more revenue and becomes more valuable.
If Hyundai decides to list it, you'll be able to look up its stock symbol and buy it in your brokerage account. If you don't have a brokerage account, we recommend Public.
On Public, you can invest in stocks, ETFs, Treasuries, and cryptocurrencies, all on one of the most well-designed investing platforms.
Boston Dynamics valuation
Even though it was founded more than 31 years ago, the only publicly available information about Boston Dynamics' valuation is the Hyundai/SoftBank acquisition in June 2021, which valued the company at $1.1 billion.
There have been no official valuation updates provided by either Hyundai or SoftBank.
However, Figure AI — one of Boston Dynamics' closest competitors — was valued at $39 billion in September 2025.
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