SoftBank eyes $6B for 1X as Tesla Optimus odds fall
SoftBank is reportedly circling around a roughly $6B valuation for robotics startup 1X, after its earlier attempt to raise up to $1B. 1X has reservations for its NEO robot and used OpenAI’s Startup Fund to raise $23.5M in 2023. Tesla’s Optimus consumer launch has slipped, while Tesla plans its first production line for up to 1M robots a year.