Exclusive-IPO for humanoid robot maker Boston Dynamics unlikely in 2027, executive says

Boston Dynamics, the humanoid robot division of Hyundai Motor Group, is unlikely to go public in 2027, according to a senior executive at the parent company. Despite investor enthusiasm, the company remains unprofitable and has not yet deployed its flagship Atlas robots at scale. Hyundai, which owns a controlling stake in Boston Dynamics, aims to build a factory capable of producing 30,000 robots per year by 2028, but analysts say humanoid robots may take longer to replace human workers on assembly lines.

The potential IPO remains uncertain, with estimates of the company's valuation ranging from 50 trillion won to 100 trillion won. As of 2025, Boston Dynamics reported a loss of 528.4 billion won, with total losses from 2021 to 2025 reaching nearly 1.7 trillion won.