The most common and most likely answer to this crossword clue is the 10 letter word ETHEREALLY
E
T
H
E
R
E
A
L
L
Y
Buddy explains!

The straight part
We know that "spacily" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case spacily = ethereally.The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.