The former broker, 26, is said to be making his very own reality TV show so we'll get to see EVEN MORE of him!
And while C4's MIC won't be the same without spoilt badboy Spencer, we'd definitely tune in to watch him in his own series...
The Mirror claims that the notorious lothario is currently filming his final scenes of series 10 before he leaves for good later this year.
An insider says: "Spencer has had a brilliant time on Made In Chelsea, but this is his time to go.
"He is currently in the process of making his own reality programme which is going to be very funny.
"It's like nothing that's ever been seen before and people will be surprised."
The source adds: "He's had to face a lot of stick for being a ladies' man but now it's time for people to see a different side of him."
Ohhh, sounds exciting!
Love him or hate him, Spencer's antics have kept viewers tuning in since the series kicked off in 2011.
The show's villain, his cheating ways have seen him slapped and drenched in drinks more times than any other cast member - and we've loved him for it!
Spencer starred in The Bachelor in 2012 where he had his pick of dozens of ladies and eventually chose Khloe Evans as his winner. But that romance was short lived.
He is now dating stunning model Lauren Hutton.
This week, Spencer's co-star Stevie Johnson, 27, announced he was leaving the show.
He said: "After an incredible 3 years, I am stepping down from my role on Made In Chelsea.
"I cannot offer the show as much as I used to."
We have contacted Spencer's rep.
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