Humanoid Hype or Hard Tech? Unitree’s Record-Breaking Debut
Reading Time : 3 minutesUnitree Robotics just raised $904 million in a Shanghai IPO that drew 8,289 times oversubscription. The company pivoted from four-legged machines to humanoid robots, now its biggest revenue driver. Investors are betting big, but questions linger about valuation, profitability, and whether this rally reflects fundamentals or froth in the physical AI trade.