Waymo on the Rise: $110 Billion Valuation and a Warning Signal for Tesla!

Waymo, the robotaxi subsidiary, is poised for a massive valuation leap. According to reports, the company aims to raise $16 billion, which would correspond to a valuation of approximately $110 billion. This would increase the company's value by 144% compared to the end of 2024. Waymo is majority-owned by Alphabet, which is also expected to participate in the funding round. Operationally, Waymo is already growing rapidly: around 450,000 fully autonomous rides are conducted weekly in five US cities, with more cities to follow. Growth with Friction...