An electronic device includes a first housing, a second housing, a hinge device for movably connecting the first housing and the second housing with respect to each other on the basis of a folding shaft, wherein the hinge device includes a hinge housing having an accommodating part, and a hinge module disposed in the accommodating part and including a rotator connecting the first housing and the second housing and a flexible display disposed so as to be supported by the first housing, the second housing, and the hinge device, wherein at least a portion of the rotator may be disposed to be at least partially in contact with the hinge housing in a folded state and spaced apart from the hinge housing by a predetermined distance in an unfolded state.