Once the shares start trading, the listing will put a real, daily market price on a profitable humanoid-robot maker operating at scale - the first the sector has had. So far we have Figure AI sitting on a $39 billion private valuation, and a clutch of Chinese rivals each pushing past $3 billion in the primary market. It shipped more than 5,500 humanoid robots last year, more than any other company globally, alongside cumulative quadruped sales above 33,000 units. Every player in the space has a demo reel and a private valuation nobody has to defend. Unitree is about to have a share price that trades every day and settles the argument in public.