Waymo Closes $5 Billion Debt Financing for Autonomous Ride-Hailing Expansion

Waymo/Waymo One

Waymo announced October 8, 2026, that it has closed a $5 billion term loan, its first debt financing, to fund expansion of its fully autonomous ride-hailing service across the United States and internationally. The debt adds financial flexibility and strengthens the company's balance sheet, complementing a $16 billion equity round earlier in 2026. The financing was led by PIMCO, Blackstone, and Sixth Street, with Goldman Sachs as the sole lead bookrunner.

• Waymo's first debt financing: $5 billion term loan
• Proceeds to fund expansion of fully autonomous Waymo One ride-hailing service in US and international markets
• Financing complements $16 billion equity round from earlier in 2026
• Led by major financial institutions: PIMCO, Blackstone, Sixth Street, with Goldman Sachs as bookrunner