You could see something happen with Waymo this year that could either be something like a massive financing, an IPO or a merger or acquisition with one of the big ridesharing companies.
Available evidence shows that Waymo did not complete a new “major capital markets transaction” in 2025.
Waymo’s last large external raise was a $5.6 billion Series C funding round that closed on October 25, 2024, led by Alphabet with participation from major institutional investors; this round is consistently described in contemporary coverage and transaction records as a 2024 deal, not 2025. (cnbc.com) Overviews of Waymo’s financing history as of March–June 2025 list total funding of about $11.1 billion and identify that 2024 Series C (plus earlier 2020 and 2021 rounds) as the latest funding, with no additional 2025 equity or debt rounds recorded. (en.wikipedia.org) Analysts discussing a possible spinoff or separation from Alphabet in 2025 treat it purely as speculation and explicitly reference the 2024 Series C as the most recent capital raise. (forbes.com)
At the same time, 2025 news about Waymo focuses on operational expansion and commercial partnerships (e.g., launching services via Uber and Lyft in cities like Austin and Nashville), but these are structured as service/operations agreements, not mergers or acquisitions of, or by, major ride‑hailing companies. (en.wikipedia.org) Waymo also remains a wholly owned (and non‑public) subsidiary of Alphabet throughout 2025, with no IPO or spin‑off completed by November 30, 2025. (en.wikipedia.org)
Because the prediction specifically required that in 2025 Waymo would execute a major capital‑markets event (large financing, IPO, or M&A with a big ride‑sharing company), and no such 2025 transaction occurred, the prediction is wrong.