Tom Lee Says He Will Not Set a Specific Price Target for SpaceX

BitMine Chairman Tom Lee said he will not set a specific price target for SpaceX, arguing that the company’s growth is mainly concentrated in the future and that setting a target now would amount to guessing by discounting the next 20 years of growth into the present. According to Odaily, Lee also pointed to an upcoming share unlock, saying early investors are likely to create selling pressure through hedging positions. He said this potential selling pressure could become a buying opportunity. Lee added that investors should avoid chasing SpaceX in the short term and instead consider building positions on any pullback linked to the share unlock.