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China Just Put a Price on the Humanoid Robot: $9 Billion, 219 Times Earnings, and Ordinary Savers Lining Up to Buy In
Unitree Robotics priced its Shanghai STAR Market listing at 150.8 yuan a share on August 6, valuing the Hangzhou company at about 61 billion yuan, or $9.04 billion, and opened subscriptions to investors on August 10. It is mainland China's first publicly listed humanoid robot maker, and the price implies more than 219 times earnings — a number set weeks after the FCC barred Unitree's machines from the American market entirely.
Continue the story on unscarcity.ai:
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