For how many days will phase 1 run? Some people will be able to start on friday or weekend will they miss out on phase 1? @Wayne-CIG

Earlier phases remain playable until, at the latest, the event concludes with the release of Star Citizen Alpha 4.0. While I’m not disclosing the start date for phase two, even if it were to begin before you have time to complete phase one, you would still have the option to play phase one before advancing to phase two.