Unitree's stock is down 53% from its IPO-week high — its robot prices haven't moved a yuan
We’ve tracked this stock through its whole arc: priced at a $9 billion valuation, then up 629% at the open of its Shanghai STAR Market debut on August 19, briefly touching a $66 billion market cap. The next chapter is the reverse move. By this week the shares had fallen to roughly 3x the original IPO price — down about 39% from that first-day close and roughly 53% off the intraday high — putting the company’s market value closer to $30 billion, tens of billions below where it opened.
None of that changes what a Unitree robot costs. The base G1 is still $13,500 on Unitree’s own store. The R1 AIR is still priced from $4,150 after June’s China-market cut. The Go2 Air still starts at $1,600. A near-40-billion-yuan swing in what traders will pay for a share of the company hasn’t touched the price list a buyer actually sees at checkout — because that list is set by manufacturing cost and margin, not by sentiment on the STAR Market.
That split is worth remembering whenever a robotics stock move gets reported as if it were product news. A public listing gives outside investors a way to price a company’s growth story; it doesn’t give them a lever on unit economics. Unitree’s own 2025 filings put gross margin above 60% at current retail prices — which is a separate, and more durable, fact than whatever the stock closed at on a given Wednesday. If you’re buying a robot rather than a share, the store page is still the only price that matters, and it hasn’t budged.
Sources
Primary sources referenced in this article. Prices in the tables come from the live index and carry their own as-of dates.
- Unitree Robotics: Unitree G1 — official store page (shop.unitree.com)
- Unitree Robotics: Unitree R1 — official store page (shop.unitree.com)
- Unitree Robotics: Unitree Go2 — official store page (shop.unitree.com)