Unitree, famous for its dancing robots, surges by 460% on its trading debut, lifting valuation to $66 billion, far ahead of U.S. competitors
Shares in Unitree, one of China’s largest manufacturers of humanoid robots, closed their first day of trading by more than 460%, showing strong investor appetite for China’s robotics sector. Unitree raised around $900 million in its IPO on Shanghai’s STAR Market, the city’s board for technology startups, at a valuation of $9 billion. After today’s surge, Unitree is now worth around $66 billion, ahead of larger Chinese tech firms like Baidu and JD.com. It’s also worth more than the most valuable U.S. robotics company, Figure AI, which got a $39 billion valuation in a September 2025 funding round.