Unitree's $9B IPO, China Strikes Back, Rockwell Falls | Aug 07, 2026
The most important humanoid robot IPO ever just got a price. This week Elena and Theo break down Unitree pricing its Shanghai Star Market listing at 150.8 yuan per share — a roughly $9 billion valuation, 45% above its own floor — with AI lab DeepSeek joining as a strategic investor, subscriptions opening August 10. But the same filing shows first-quarter profit down 52.6% as spending ramps, and 13% of revenue exposed to the new US import ban. Speaking of which: China's Ministry of Commerce formally threatened countermeasures over the FCC's humanoid robot restrictions, with rare-earth magnets…
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