The Robot Uprising Is Happening in the Stock Market—and It’s Terrifying
Unitree Robotics’ Shanghai IPO was oversubscribed 8,000 times by retail investors, signaling a speculative frenzy detached from the company’s commercial fundamentals. This isn’t about robots taking over factories—it’s about retail investors collectively front-running a future that hasn’t arrived, risking a severe capital misallocation before the technology is even profitable.