It's hard to compare robotics companies and their valuations to each other. Saying one is cheaper than the other for the most part is extremely difficult to do. Which is what I am seeing in a lot of posts. There are really big design differences, like bipedal vs fixed or general vs specialized. Which changes tam Bipedal is the hardest and a bet on generality. So the tam for this is basically saying "all of human labor" but also it means no real niche. So its a competition for all. A fixed robot has a smaller tam but is easier to defend. So we get a premium for bipedal. You can't compare it to a fixed robot. Its why you see Figure trade so much higher. And why you can't really compare figure to the others. You have to compare each robotics company to same in class essentially