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

- Source: Phys.org
- Published: 2026-10-21T08:48:15+00:00
- Category: Science
- Original: https://phys.org/news/2026-10-spacex-profit-losses-satellite-leasing.html
- Canonical: https://groundlevelnews.com/story/spacex-turns-a-profit-after-a-string-of-losses-as-its-satellite-and-co-2c3b04/

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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