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Woofun AI reports that BitMine CEO Tom Lee stated he will not set a specific price target for SpaceX, arguing that doing so discounts long-term growth. He views potential sell-offs from upcoming share unlocks as buying opportunities rather than reasons to chase short-term highs.
The first major unlock window is expected between late July and mid-August, allowing insiders to sell up to 20% of shares. If the stock exceeds $175, an additional 10% may be released. Further unlocks include ~7% on Aug 21 and ~Sep 10, plus staggered releases at 70/90/105/120/135 days post-IPO. ~28% unlocks post-Q3 earnings, with most shares fully unlocked after 180 days. Core shareholders like Musk face lock-ups until June 2027.