How to Invest in Boston Dynamics Stock: Strategies and Alternatives
Boston Dynamics, a pioneer in the modern robotics industry, is an inviting prospect for investors seeking future growth. Its advanced robots, powered by artificial intelligence, are paving the way for innovations in diverse sectors. However, investing directly in Boston Dynamics stock is not currently possible, as it is not a publicly traded company. Despite this limitation, there are still alternative strategies for investors looking to gain exposure to the company’s potential.
Understanding the Company Ownership Structure
Before diving into alternative approaches, it’s essential to understand the ownership structure of Boston Dynamics. In June 2021, Hyundai Motor Group, a South Korean automotive manufacturer, acquired a majority stake in Boston Dynamics valued at $1.1 billion. This deal made Hyundai the primary company behind the innovative robotics firm.
This ownership detail plays a significant role when considering how to invest in the stock for Boston Dynamics, as it helps outline the most relevant strategies.
Alternative 1: Invest in Hyundai Motor Co.
One of the most direct ways to get exposure to Boston Dynamics’ potential growth is to invest in Hyundai Motor Co. (HYMTF), a publicly traded company with shares available on the over-the-counter (OTC) market.
By investing in Hyundai’s stock, you would be indirectly investing in Boston Dynamics, given that Hyundai holds a majority stake in the robotics company. To purchase HYMTF shares, you will need to open an account with a broker that offers access to OTC markets.
Keep in mind that investing in Hyundai won’t give you direct exposure to Boston Dynamics; instead, you will have a more diversified investment, as their holdings go beyond just robotics. Hyundai’s portfolio includes automotive manufacturing, mobility services, and green energy investments, among other ventures.
Alternative 2: Consider Investing in Robotics and Automation ETFs
Exchange-traded funds (ETFs) provide an opportunity for investors to have diversified exposure to a specific industry or theme. If Boston Dynamics is not directly available as an investment option, you can consider investing in ETFs that focus on robotics, automation, artificial intelligence, and other advanced technologies.
Some popular robotics and automation ETFs include:
- Robo Global Robotics & Automation Index ETF (ROBO)
- Global X Robotics & Artificial Intelligence ETF (BOTZ)
- iShares Automation & Robotics UCITS ETF (RBOT)
These ETFs invest in companies involved in the development, production, and application of robotics and automation technologies. While these ETFs may not currently feature Boston Dynamics as a direct holding, they allow you to participate in the broader industry’s growth, with potential benefits from emerging trends driven by companies like Boston Dynamics.
Keep an Eye on Future Developments
As Hyundai increasingly focuses on robotics and automation for future growth, there is always a possibility that Boston Dynamics could go public eventually. Stay informed and track news about Boston Dynamics, Hyundai, and the wider robotics sector. If Boston Dynamics ever goes public through an initial public offering (IPO) or a direct listing, it will offer a more direct investment opportunity in the robotics powerhouse.
Final Thoughts
While investing directly in Boston Dynamics stock isn’t possible at the moment, the alternative strategies discussed in this article provide pathways to enjoy exposure to the company’s potential and the broader robotics and automation industry. Recognize that with any investment, there are risks involved, including market volatility and specific company performance. Carrying out your research, assessing your risk tolerance, and making informed decisions in line with your financial goals are critical steps when considering any investment opportunity.