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The San Antonio

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

SpaceX turns a profit after a string of losses as its satellite and computer leasing businesses soar
Photo: KSAT 12 (ABC affiliate) · view original

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. The company, run by Elon Musk, posted net income in the three months through September of $4.4 billion, or 35 cents per...

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