Waymo Valued at $126B as Co-CEOs Accelerate Robotaxi Expansion

Waymo, a leader in autonomous driving, has secured $16 billion in fresh funding, valuing the company at a whopping $126 billion—nearly three times its most recent valuation of $45 billion in 2024. “This infusion of capital will ensure we are positioned to move forward with unprecedented velocity,” Waymo’s co-CEOs Tekedra Mawakana and Dmitri Dolgov said in a joint blog post yesterday (Feb. 2).

Waymo was spun out of Google in 2016 and now operates as a subsidiary of Google’s parent company, Alphabet.