SpaceX turns a profit after a string of losses as its satellite and computer leasing businesses soar

SpaceX reported a bigger quarterly profit than expected Tuesday as its satellite communications operations and its business of leasing computing power to other companies boomed.

Oct 21, 2026 - 01:00
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SpaceX turns a profit after a string of losses as its satellite and computer leasing businesses soar
SpaceX reported a bigger quarterly profit than expected Tuesday as its satellite communications operations and its business of leasing computing power to other companies boomed.

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