If Waymo is operating commercial autonomous vehicle ride-hailing services available to the general public within Sacramento, CA before Jan 1, 2027, then the market resolves to Yes. "Operating commercial services" means that members of the general public can download the Waymo app (or access Waymo through a partner app), request a ride with pickup and dropoff locations within Sacramento, CA, and receive autonomous vehicle service for a fee. The service must be available to the general public without requiring special invitation codes, waitlist approval, or participation in testing programs, though geographic coverage within Sacramento, CA may be limited to certain areas. Services operating exclusively with safety drivers present do not satisfy the Payout Criterion; the service must offer fully autonomous rides (without a human safety driver) at least some of the time. Examples that WOULD resolve to Yes: Waymo launches public commercial service in any part of Sacramento, CA Waymo expands from adjacent areas into Sacramento, CA limits Waymo operates 24/7 service or limited hours service within Sacramento, CA Waymo offers service through the Uber app to all users in Sacramento, CA Service is geofenced to only certain neighborhoods but is public Examples that would resolve to No: Waymo only operates employee shuttles or closed testing in Sacramento, CA Waymo only has an office or maintenance facility in Sacramento, CA All Waymo vehicles in Sacramento, CA have safety drivers Waymo is testing but not offering paid public rides Service requires being on a waitlist or having a special code Waymo announces plans to launch but hasn't started service by Jan 1, 2027