Every humanoid-robot startup is torching cash. Unitree quietly turned a profit — and is now going public. It's seeking ~$904M in a Shanghai IPO on ~1.7B yuan of 2025 revenue, 40%+ from overseas. While rivals raise billion-dollar rounds just to survive, the profitable one gets the clean exit. Founder lesson: flashy demos raise money; boring fundamentals let you cash out. Viral demo or the company already making money — who wins? www.contentbuffer.com #Robotics #Humanoid #Unitree #IPO #AI