Time
02:02
Tom Lee: Any SpaceX pullback is a buying opportunity; short-term chasing highs still not advised
July 3, 2026
CoinFeed News
CoinFeed July 3 news, Bitmine Chairman Tom Lee stated in a recent interview that any pullback in SpaceX is a buying opportunity. He believes setting a target price for the stock at present is almost like guessing, because all the growth is in the future, equivalent to discounting 20 years of future value to the present. Tom Lee pointed out that the upcoming share unlock will create more tradable shares and may bring some selling pressure, but the behavior of original investors hedging their positions precisely turns into a buying opportunity. Tom Lee believes that one should not chase highs in SpaceX in the short term, and it is appropriate to build positions using the pullback brought by the unlock.