@itsolelehmann: Am I missing something?? I just found out Unitree is about to IPO in China at just a $7B valuation. This seems dirt che…

Am I missing something??

I just found out Unitree is about to IPO in China at just a $7B valuation.

This seems dirt cheap.

For context, they are literally the only profitable humanoid robotics company on earth right now.

And this will be the largest humanoid robotics IPO ever attempted.

Look at their actual business:

5,500 humanoid robots shipped last year $235M in revenue (+335% YoY) $90M in profit (+674% YoY)

This is the first time anyone in humanoid robotics has been profitable at this scale.

Now compare that with the rest of the humanoid field…

UBTech ran the world’s first humanoid IPO back in 2023 on the Hong Kong exchange. It trades at $7.1B (just above the market cap Unitree is filing at).

Difference is UBTech shipped 1,079 humanoids and lost $100M last year. Unitree shipped 5,500 and made $90M.

Boston Dynamics has been around 30+ years without turning a profit.

Tesla Optimus is prototype-only.

1X and Agility Robotics are both still pre-profit.

Figure AI, the most-funded American humanoid company, raised at a $39B valuation last year. And they’re still pre-revenue.

And Unitree filed at $7B with $90M+ in actual profit.

The profitable Chinese leader is being priced at less than one-fifth of an unprofitable American competitor.

And on top of all that…Western humanoids are still trying to break $30K per unit.

Unitree’s cheapest humanoid retails for $4,290.

So yeah $7B seems dirt cheap.

But I guess we’ll find out soon.

yeah thats also my conclusion now :D