Waymo Quadruples Weekly Rides to 400,000 and Targets One Million in 2026
Waymo has quadrupled trip volume in 2025 to deliver 400,000 weekly rides and aims for one million by late 2026 after raising $16 billion at a $126 billion valuation. SpaceX is preparing an IPO filing for June to raise $50 billion under a dual-class structure like Alphabet and hinted at a $1.75 trillion valuation.
1. Waymo Growth and Expansion
Waymo delivered roughly 400,000 paid rides per week after quadrupling its trip volume in 2025 and expects to exceed one million weekly rides by year-end 2026. Following a $16 billion funding round that valued the unit at $126 billion, Waymo is expanding operations or testing in six new U.S. cities, with plans to reach 20 markets by year-end.
2. SpaceX IPO Plans and Governance
SpaceX is preparing a confidential IPO filing aimed at a June listing that could raise up to $50 billion and potentially surpass Saudi Aramco’s record debut. The company has hinted at a $1.75 trillion valuation and is considering a dual-class share structure mirroring Alphabet’s governance model.