Alphabet Sheds Its 'Black Hole' Label With $150 Billion In 'Hidden Assets' From SpaceX And Anthropic, Says Expert

Analyst Davis said investments into Waymo were viewed as ‘lobbing money into a black hole,’ but a closer look reveals substantial unrealized value on the company's balance sheet. This suggests potential upside to market perceptions of Waymo's valuation and could prompt investor reassessment, though the report provides no quantitative estimate.

Analysis

Analyst Davis said investments into Waymo were viewed as ‘lobbing money into a black hole,’ but a closer look reveals substantial unrealized value on the company's balance sheet. This suggests potential upside to market perceptions of Waymo's valuation and could prompt investor reassessment, though the report provides no quantitative estimate.