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Romance rumors swarmed the "Speak Now" singer and The 1975's musician back in May after they were spotted out together on multiple occasions. However, all speculation came to a halt on June 5 when a source told Entertainment Tonight that the two had ended their brief relationship. "Taylor and Matty broke up," the insider shared. "They are both extremely busy and realized they're not really compatible with each other." They added, "Taylor's friends want what's best for her and aren't shocked that their relationship fizzled out since she recently got out of a long-term relationship," referencing her reported split with longtime boyfriend Joe Alwyn (more on that ahead).