Exclusive-IPO for humanoid robot maker Boston Dynamics unlikely in 2027, executive says
The robotics unit has not deployed Atlas robots at scale and posted 528.4 billion won in 2025 losses, analysts said.
- On Monday, September 14, 2026, a Hyundai Motor Group executive stated that a Boston Dynamics IPO is unlikely next year, citing the robotics unit's failure to deploy its flagship Atlas robots at scale.
- Hyundai Motor Group is making Boston Dynamics a wholly owned subsidiary by acquiring SoftBank's roughly 10% stake, even as investor enthusiasm for the robotics strategy has cooled since a share surge earlier this year.
- Boston Dynamics recorded a 2025 loss of 528.4 billion won, contributing to total losses of nearly 1.7 trillion won since 2021, while analysts warn that scaling humanoid robot manufacturing remains difficult.
- Meritz Securities analyst Kim Joon-sung suggests a stock market debut is more likely in 2029 or 2030, citing the need for Hyundai to gather operational data and improve robot capabilities before external sales.
- Future operations depend on a planned factory capable of producing 30,000 robots annually by 2028, with deployment starting at a Georgia plant, though Hyundai has not publicly disclosed a specific timeline or valuation target.
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Boston Dynamics IPO Unlikely in 2027 as Hyundai Prioritizes Robot Expansion
Boston Dynamics is unlikely to launch an initial public offering in 2027 as Hyundai Motor Group concentrates on increasing production and commercial deployment of its ... The post Boston Dynamics IPO Unlikely in 2027 as Hyundai Prioritizes Robot Expansion first appeared on [your]NEWS.
A senior executive at Hyundai Motor Group says Boston Dynamics is not expected to go public in the near future, as the company's humanoid robots are not yet widely used and the company continues to operate at a loss.
Boston Dynamics will not be on the stock market in 2027, while its losses and the lack of a massive commercial deployment of the humanoid Atlas force Hyundai to prolong the wait.
A Hyundai executive says that listing Boston Dynamics in 2027 is unlikely because Atlas has not reached extended industrial implementation, and the company remains at a loss.
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