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SpecFuzz is the first tool that enables dynamic testing for speculative execution vulnerabilities (e.g., Spectre). The key is a novel concept of speculation exposure: The program is instrumented to simulate speculative execution in software by forcefully executing the code paths that could be triggered due to mispredictions, thereby making the speculative memory accesses visible to integrity checkers (e.g., AddressSanitizer). Combined with the conventional fuzzing techniques, speculation exposure enables more precise identification of potential vulnerabilities compared to state-of-the-art static analyzers. Our prototype for detecting Spectre V1 vulnerabilities successfully identifies all known variations of Spectre V1 and decreases the mitigation overheads across the evaluated applications, reducing the amount of instrumented branches by up to 77% given a sufficient test coverage.