Alphabet offers indirect SpaceX exposure and leads robotaxi market through Waymo, which completed over 500,000 fully autonomous rides per week as of April 2026

Waymo completed 15 million rides in 2025 and surpassed 500,000 fully autonomous rides per week by April 2026 across six major U.S. metro areas, with expansion planned to more than 20 additional cities in 2026.

In February 2026, Waymo raised $16 billion at a valuation of $126 billion, nearly triple its reported $45 billion valuation in 2024. The company's Mesa, Arizona facility is expected to build tens of thousands of fully autonomous vehicles per year at full capacity.

Goldman Sachs expects the global robotaxi market to be worth nearly $415 billion in 2035, with the U.S. accounting for nearly $48 billion of that opportunity. Alphabet's stake in SpaceX is estimated at around 5–6.11%, potentially worth nearly $87.5 billion if SpaceX lists at the expected $1.75 trillion valuation.