The aerospace firm plans to launch the Turksat 5A satellite on a Falcon9 rocket from Cape Canaveral, Florida on Nov. 30.
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The satellite was built by Airbus Defense and Space and has been described as intended for use in television broadcasting and related communications for Turksat, a state-owned company.
Protesters believe the satellite could be used by the Turkish government for military purposes.
Turkey is currently aiding Azerbaijan in an armed conflict with Armenia involving the Nagorno-Karabakh region. A cease-fire was announced recently, although at least two previous agreements have not lasted long before fighting was renewed.
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The conflict between Armenia and Azerbaijan explained and what's happening in Nagorno-Karabakh
The protest was peaceful, with people waving Armenian flags and holding signs on Crenshaw Boulevard in front of SpaceX headquarters.
SpaceX did not respond to a request from Eyewitness News for comment.