Ansem says SpaceX upside may be underpriced as August 30% unlock looms

The crypto KOL said he is considering adding to his SpaceX position, arguing the market still underestimates a low-float supply-demand imbalance even as an August share unlock could mark a local peak.

Summary

Crypto KOL Ansem said he is considering increasing his SpaceX stock holdings, arguing the market is still underestimating a supply-demand imbalance in the low-float name. He said SpaceX leads both stock and options trading volume, a dynamic he sees as supportive of further upside in a tightly traded market. At the same time, he cautioned that an roughly 30% share unlock in August could mark a first local peak by adding supply.

Terms & Concepts
  • low-float: A stock with a relatively small number of shares available for trading, which can amplify price moves
  • options trading: Trading in contracts tied to an asset's price
  • unlock: Release of previously restricted shares or tokens