Waymo could be worth $175 billion — here’s the history of the Google Car project (GOOGL)

Waymo, formerly the Google Car project, is almost ten years old. After more than 8 million self-driving miles, Waymo is preparing to commercialize in 2018 and 2019. Morgan Stanley has pegged Waymo’s value at $175 billion.

Waymo is almost a decade old. What started as secretive Google X lab undertaking is now on the verge of being a commercial business, planning to launch in limited markets this year and expand in 2019.

Since 2009,

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