Currently you cannot use the collapse Caret to completely collapse a space if you are actively located in it.

Clip demonstrating: https://share.clickup-stg.com/clip/s/t333/96842258-3e05-44f0-81e8-1e4d44f08df5/96842258-3e05-44f0-81e8-1e4d44f08df5.webm?filename=screen-recording-2025-11-04-18%3A15.webm