[Tom Lee: Any Unlock-Driven Pullback in SpaceX is a Good Buying Opportunity, Avoid Chasing Highs in the Short Term] BlockBeats News, July 3 — In a recent interview, BitMine Chairman Tom Lee stated that he would not set a specific price target for SpaceX, as its growth is primarily focused on the future. 'Setting a target now is essentially discounting 20 years of future growth into the present, which is almost pure speculation,' he said. Tom Lee specifically mentioned the upcoming share unlock, noting that original investors are likely to create selling pressure by hedging their positions. However, he emphasized that such selling pressure 'will instead become a great buying opportunity.' Tom Lee believes that investors should avoid chasing highs in SpaceX in the short term and that using pullbacks caused by unlock events to build positions is appropriate. SpaceX's first major unlock window is expected after the release of its Q2 earnings report, with the time frame spanning late July to mid-August. This will allow eligible insiders and early investors to sell up to 20% of their shares. If the stock price consistently exceeds 30% above the IPO price (approximately $175 or higher), an additional 10% may be unlocked. Subsequent smaller unlocks will occur, such as around August 21 and September 10, each releasing approximately 7%, as well as staggered releases at intervals of 70, 90, 105, 120, and 135 days. After the Q3 earnings report, an additional 28% is expected to be unlocked, with the majority of remaining shares fully unlocked after the 180-day lock-up period ends. Shares held by core shareholders like Elon Musk will have a longer lock-up period, approximately 366 days, extending to June 2027. Overall, August and September are expected to be the periods with the most concentrated unlocking pressure for SpaceX. [Original Link]