Opened at $60 and faded down to a $54 close.
Reminder: Hyundai owns 80% of Boston Dynamics, which manufactures the finest humanoid robots made in America.
Privately owned, Boston Dynamics was founded by Marc Raibert, who spun off the company from the Massachusetts Institute of Technology (MIT) in 1992. Raibert was a professor of Electrical Engineering and Computer Science at MIT and had previously founded the Leg Laboratory at MIT and Carnegie Mellon University, which helped establish the scientific basis for highly dynamic robots. Robert Playter, who joined the company soon after its founding, also did his doctoral thesis on Marc Raibert’s team at MIT. Nancy Cornelius was another co-founder, serving as the first employee and later as CFO and VP in charge of engineering.
Boston Dyamics is privately owned: 80% owned by Hyundai, 20% by Softbank.
