Unitree Robotics surges 629% in Shanghai trading debut
Unitree Robotics jumps 629% from its IPO price in its Shanghai debut, briefly valuing the humanoid robot maker at 445 billion yuan ($66 billion).
Shares of Unitree Robotics experienced a massive surge in their Shanghai trading debut on Wednesday, marking an impressive 629% increase from their IPO price. 12), pushing the company’s market capitalisation to approximately 445 billion yuan ($66 billion). 94 billion), reported the South China Morning Post. The robust debut has created substantial paper wealth for early investors.
87 billion). 88 million) in the IPO. Read Also: China Slashes US Treasury Holdings to 18-Year Low as 30-Year Treasury Yield Hits 19-Year High Unitree Scales Humanoid Robot Sales Unitree’s product portfolio includes bipedal humanoid robots and four-legged robots used for tasks such as hazard detection. 66 meters per second.
7 billion yuan ($252 million) in revenue in 2025, more than four times the previous year’s level. Humanoid robots contributed about 868 million yuan ($129 million), surpassing quadrupeds at roughly 698 million yuan ($104 million). The company sold 5,215 humanoid robots and 23,037 quadrupeds, with overseas markets accounting for more than 40% of revenue, as per the SCMP report. Tesla Optimus Raises Robot Stakes The successful IPO of Unitree Robotics comes amid a growing interest in humanoid robots and AI technology.
Elon Musk, CEO of Tesla Inc. (NASDAQ: TSLA ), reiterated his ambitious vision for Tesla’s Optimus humanoid robot, saying it could eventually perform a wide range of tasks, from cooking and mowing lawns to babysitting, elder care and skilled work. " Tesla plans to spend more than $25 billion in 2026 on AI computing, robotaxis and Optimus, with spending expected to rise for another two to three years. Musk has said Optimus could eventually represent about 80% of Tesla’s value, potentially surpassing its vehicle business.
Musk’s view reflects a broader industry belief that humanoid robots could emerge as a major new computing platform. Micron Technology Inc. (NASDAQ: MU ) sees robots as a potentially significant memory market, noting that humanoids could carry 10 times more memory than an average vehicle, driven by AI, sensors and real-time data processing. Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published editors.
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