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Accepted Answer
So I figured out that the reason this wasn’t working is because I needed to set up CORS, and include some headers that Rails/Spaces needed. You need to go your DigitalOcean Spaces settings, then “Add” an Advanced CORS Configuration.
Set the URL to your domain (e.g. for me it’s https://vglist.co, then allow PUT/POST (not sure if any others are necessary?). Make sure to set the allowed headers Content-Type, Content-Length, and Content-Md5.
Hopefully that helps! I got stuck on this for a while, so I wanted to create a question and answer it here :)
See also, this issue in the Rails repo: https://github.com/rails/rails/issues/32581