Waymo closes a $5 billion term loan, its first debt financing
Lenders signing on is a signal that robotaxis are being treated as an operating business.
Waymo closed a $5 billion term loan, its first debt financing, with PIMCO, Blackstone and Sixth Street as lead lenders and Goldman Sachs as sole bookrunner. Earlier this year it raised $16 billion in equity. Waymo says the money will speed expansion of its driverless ride-hailing service in the U.S. and abroad; it launched in its fifteenth U.S. city last month.
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Waymo
After exploring Waymo Closes $5 Billion Debt Financing to Accelerate Business Expansion, for the company's scale, see Waymo.
Alphabet's autonomous-driving company. As of June 2026 Wikipedia lists robotaxi service in 10 U.S. metro areas, 3,871 vehicles, 500,000 paid rides a week and 200 million autonomous miles.
Wikipedia · Wade · 5 min
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