Lee said a first major post-Q2 liquidity event could allow eligible insiders or early investors to sell up to 20% of shares, with another 10% possible above about $175.
BitMine chairman Tom Lee said he would not assign a price target to SpaceX, arguing that applying a 20-year growth discount is “almost guessing.” Instead, he pointed to a likely trading catalyst after Q2 results, with the first major unlock expected from late July to mid-August. Lee said that event could allow eligible insiders or early investors to sell up to 20% of shares, with another 10% potentially available if the stock remains above about $175. He added that any resulting selling pressure could create buying opportunities.