Unitree IPO demand: 8,289x oversubscribed, $1.1T bid for $905M
Thread134 words
Numbers on the Unitree STAR Market IPO: 9.78M retail investors bid $1.1T+ for a $905M raise, a 0.018% win rate, valued at 219x earnings and 36x sales. Positions it as a possible kickoff for a robotics season, tradable via Hyperliquid perps.
Key claims
8,289x oversubscribed vs Ant Group's 872x in 2020
Only 1 in 5,526 applicants got shares
IPO valuation $9B = 219x earnings, 36x sales
More money was bid on Unitree's IPO than the entire 2025 GDP of Switzerland.
9.78 million Chinese retail investors bid $1.1+ TRILLION for a robot company raising just $905M.
By the numbers:
- 8,289x oversubscribed. Ant Group's record 2020 IPO managed 872x (before being suspended)
- 0.018% win rate: only 1 in 5,526 got shares
- $9B valuation = 219x earnings, 36x sales
- DeepSeek bought into the strategic placement, locked for 36 months
Listing debut is expected this week (Aug 17 to 21), pending final exchange confirmation.
This could rly kick off a major robotics szn.
Are you ready anon?
My main bets for robo szn:
The broader crypto x robotics landscape:
Gud read on $UNITREE IPO by @RoboStrategy
@RoboStrategy Trade $UNITREE perps on Hyperliquid (aka house of all finance).
NFA tho.
app.hyperliquid.xyz/trade/xyz:UNITREE
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What came next · since 16 Aug 2026
No public market for $UNITREE.
Since then
Zero has written 1 more piece on $UNITREE since this one.