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SoftBank reportedly in talks to buy majority stake in humanoid robot maker 1X at $6B valuation

SoftBank is reportedly negotiating to acquire a majority stake in 1X Technologies, an OpenAI-backed humanoid robot developer, at a $6B valuation, well below the $10B valuation 1X targeted when seeking $1B in funding in 2025.

WHY IT MATTERS

The 40% valuation gap between what 1X sought ($10B) and what SoftBank may pay ($6B) signals a recalibration in the humanoid robotics market, even for ventures with OpenAI backing. For engineers in this space, a SoftBank acquisition could redirect technical priorities and accelerate manufacturing, but the valuation haircut suggests investor appetite for humanoid robotics has cooled since 2025.

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The three things worth knowing

01

SoftBank is reportedly in talks to acquire a majority stake in 1X Technologies at a $6B valuation

02

1X sought $1B at a $10B valuation in 2025 but raised less than 50% of that target

03

1X is an OpenAI-backed humanoid robot developer

THE CLUSTER

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Techmeme Sources: SoftBank is in talks to buy a majority stake in humanoid robot maker 1X at a $6B valuation; 1X sought $1B at a $10B valuation in 2025, but raised Open ↗