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Accepted Answer
Hi there @harishEel,
The Spaces will not run out of storage. The subscription includes 250 GiB of data storage (cumulative across all of your Spaces). Additional storage beyond this allotment is $0.02 per GiB. If you cancel your subscription by destroying all your Spaces, your bill will be prorated hourly.
You can see the current disk usage of your Space by visiting your Space and then the size will be available right next to the name of the space:

In my case, as I created a fresh new space and uploaded just 3 files, the usage is at 317.7 KB only.
Regards, Bobby