Who Owns Boston Dynamics?
Updated onExplore the ownership hierarchy of Boston Dynamics. See parent companies, holding structures, and ultimate controllers.
Ownership Chain
Boston Dynamics
Boston Dynamics is an American robotics company, founded in 1992 and employing over 1,000 people, that builds advanced mobile robots and automation solutions for industrial customers in manufacturing, logistics and other sectors, and is now a subsidiary of Hyundai Motor Group.
Hyundai Motor Group
Hyundai Motor Group is a South Korean automotive and mobility conglomerate that oversees Hyundai, Kia, Genesis and related technology, finance and logistics businesses worldwide.
Boston Dynamics
Boston Dynamics is an American robotics company, founded in 1992 and employing over 1,000 people, that builds advanced mobile robots and automation solutions for industrial customers in manufacturing, logistics and other sectors, and is now a subsidiary of Hyundai Motor Group.
Hyundai Motor Group
Hyundai Motor Group is a South Korean automotive and mobility conglomerate that oversees Hyundai, Kia, Genesis and related technology, finance and logistics businesses worldwide.
Major Shareholders
Boston Dynamics
Major Shareholders
| Name | Type | Ownership | As of |
|---|---|---|---|
Hyundai Motor Group (via Hyundai Motor Co., Hyundai Mobis Co., Hyundai Glovis Co. and other affiliates) Collective controlling shareholder of Boston Dynamics. Initial 80% stake was acquired from SoftBank in 2021 and, after several paid-in capital increases through 2024, Hyundai-affiliated companies together hold about 65.7% of the equity. | Corporate | 65.7% | Jul 2025 |
Euisun Chung Executive Chair of Hyundai Motor Group. Participated personally in the 2021 acquisition and subsequent capital increases, raising his direct stake in Boston Dynamics to roughly 21.9%. | Individual | 21.9% | Jul 2025 |
SoftBank Group Corp. (via wholly owned affiliate) Japanese investment holding company. Retained a minority stake after selling control of Boston Dynamics to Hyundai in 2021; later capital raises diluted its holding from 20% to about 12.4%. A put option allows SoftBank to sell this remaining stake to Hyundai if certain IPO conditions are not met. | Corporate | 12.4% | Jul 2025 |
Hyundai Motor Group
Major Shareholders
| Name | Type | Ownership | Voting | As of |
|---|---|---|---|---|
Hyundai Mobis Co., Ltd. Largest single shareholder of Hyundai Motor Company and core Hyundai Motor Group affiliate; stake based on public filings compiled by S&P/Simply Wall St and Investing.com. | Corporate | 20.5% | 20.5% | Sep 2025 |
National Pension Service of Korea South Korea’s state pension fund; major domestic institutional holder of Hyundai Motor shares. | Government | 7.1% | 7.1% | Jun 2025 |
Chung Mong-koo Founding family patriarch and honorary chairman; one of the largest individual shareholders. | Founder | 5.1% | 5.1% | Dec 2025 |
Chung Eui-sun Executive Chairman of Hyundai Motor Group; key member of the founding Chung family with a significant personal stake. | Family | 2.5% | 2.5% | Dec 2025 |
The Vanguard Group, Inc. US-based asset manager; holds Hyundai Motor primarily via index and mutual funds. | Institutional | 2.9% | 2.9% | Oct 2025 |
BlackRock, Inc. Global asset manager and one of the largest foreign institutional investors in Hyundai Motor. | Institutional | 2.6% | 2.6% | Nov 2025 |
Hyundai Motor Company Employee Stock Ownership Association Employee stock ownership plan representing Hyundai Motor employees, collectively a notable shareholder bloc. | Other | 2.4% | 2.4% | Jun 2025 |
Norges Bank Investment Management (Government Pension Fund Global) Norway’s sovereign wealth fund; long-term institutional investor in Hyundai Motor. | Government | 1.5% | 1.5% | Jun 2025 |
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