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Waymo borrows $5B because robotaxis eat capital
Waymo upsizing its first-ever debt raise to $5 billion tells you where autonomy really sits: past the demo, deep in the capital-intensive grind of scaling. Lenders don't write checks that size on vibes. They're betting the unit economics of a driverless fleet eventually pencil out. For freight, the lesson is about cost of capital, not just tech. Fuel is… — sources — Story: www.ttnews.com/articles/waymo-debt-deal-5b-ro… Related: [1] www.freightwaves.com/news/omni-air-resold-to-… [2] www.freightwaves.com/news/why-adding-3pls-can… [3] www.ttnews.com/articles/trump-order-dyed-dies…