Movement Alert｜SoftBank Group Falls 6.18% in Regular Trading, Hyundai Motor Acquires Its Boston Dynamics Stake at Deeply Discounted Valuation

Market Focus07-17

On July 16, SoftBank Group fell 6.18% in regular trading, trading at $17.76/share, with turnover of approximately $69.63 million. The decline was triggered by Hyundai Motor Group's announcement that it will acquire SoftBank's entire 9.65% stake in Boston Dynamics at a sharply discounted valuation.

SoftBank exercised its put option on the stake, but the transaction values Boston Dynamics at only approximately $3.3 billion, implying SoftBank's stake is worth roughly $325 million. This stands in stark contrast to analyst estimates valuing Boston Dynamics between $20 billion and $100 billion amid the global physical AI and robotics boom. Due to a contractual structure granting Hyundai a corresponding call option, analysts noted SoftBank had virtually no room to refuse, effectively being forced to divest at a fraction of fair market value.

Following the deal, Hyundai Motor Group — including Chairman Euisun Chung, Kia, Hyundai Mobis, and Hyundai Glovis — will fully own Boston Dynamics. The group plans to deploy Boston Dynamics' humanoid robot Atlas at its Georgia factory starting in 2028, building an end-to-end AI robotics value chain combining robotics expertise with its manufacturing and mobility capabilities.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment