Google’s $126 Billion Waymo Bet Has Massive Upside and a Critical Risk
Alphabet (NASDAQ:GOOGL) may be sitting on a transportation asset that investors still struggle to value. Waymo’s $126 billion private valuation and more than 500,000 weekly autonomous rides show commercial scale, but the bigger upside depends on whether zero-driver economics improve as the fleet grows. If margins strengthen alongside expansion, Waymo could become a second major … Read more