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Waymo locks in $5B loan from Blackstone, PIMCO to fuel robotaxi expansion

Waymo secured a $5 billion loan from major lenders including Blackstone and PIMCO, marking its first debt financing as it accelerates commercial robotaxi expansion across the US, Europe, and Japan. The company previously raised $16 billion in equity at a $126 billion valuation in February 2026.

Background

Waymo, a subsidiary of Alphabet, is a leading autonomous vehicle company that has been expanding its robotaxi services. The company previously relied on equity funding from its parent Alphabet and outside investors.

Source
TechCrunch
Published
Oct 8, 2026 at 10:16 PM
Score
7.0 / 10