Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) whitethorn beryllium 1 of the astir applicable public-market ways to get indirect vulnerability to SpaceX earlier its IPO. But SpaceX is not the lone oregon adjacent the main crushed to bargain the stock.
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Alphabet already has a profitable artificial quality (AI) business, a rapidly scaling unreality platform, and 1 of the astir precocious robotaxi operations successful Waymo. SpaceX adds different furniture of upside and further strengthens the company's semipermanent maturation story.
Waymo has important upside imaginable
Goldman Sachs expects the planetary robotaxi marketplace to beryllium worthy astir $415 cardinal successful 2035, with the U.S. accounting for astir $48 cardinal of that opportunity. This rapidly expanding robotaxi accidental whitethorn beryllium 1 of the important reasons to clasp Alphabet implicit the agelong term.
Alphabet's Waymo is nary longer conscionable an experimental autonomous-driving task wrong the company's Other Bets segment. In February 2026, Waymo raised $16 cardinal astatine a valuation of $126 billion, astir triple its reported $45 cardinal valuation successful 2024. That gives investors a amended consciousness of however invaluable Waymo could go for Alphabet.
Waymo completed 15 cardinal rides successful 2025 and provided much than 400,000 rides per week crossed six large U.S. metro areas successful February 2026. However, successful April 2026, Alphabet reported that Waymo had surpassed 500,000 afloat autonomous rides per week. This standard is important due to the fact that the robotaxi concern does not trust lone connected beardown autonomous-driving software. Each caller marketplace besides requires regulatory approvals, charging and parking infrastructure, work personnel, fleet operations, and rider trust. Waymo's increasing thrust measurement and multi-city rollout suggest that it is focused connected gathering these competitory advantages.
Alphabet is besides preparing to standard this business. Waymo's Mesa, Arizona installation is expected to beryllium susceptible of gathering tens of thousands of afloat autonomous vehicles per twelvemonth astatine afloat capacity. Waymo is besides expanding its beingness successful much cities, including Dallas, Houston, San Antonio, and Orlando. The institution is besides focused connected entering much than 20 further cities successful 2026. Partnerships with Uber Technologies successful Austin and Atlanta could besides assistance Waymo scope much riders astatine a little cost.
So, portion Tesla has been dominating capitalist attraction astir autonomous driving, Waymo already has paid rides, outer funding, metropolis expansion, manufacturing capacity, and a increasing commercialized footprint. Waymo is 1 of the fewer robotaxi platforms with a disposable operating standard today.

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