Thursday, September 3, 2026
Waymo nears $3 billion debt deal with Pimco, Blackstone
Waymo is close to its first-ever debt financing, seeking more than $3 billion in unrated debt from Pimco, Blackstone and Sixth Street Partners, Bloomberg reported September 2, 2026. Working with Goldman Sachs, Waymo aims to finalize the loan within days to help fund robotaxi expansion and rising AI infrastructure costs, marking a shift from the equity-only funding path that included a $16 billion round earlier this year at a $126 billion valuation.
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