The strategy of ynamide structural rearrangement is crucial in modern organic synthesis. The distinct carbon atoms in ynamides have different selectivity under various reaction conditions. Herein, we developed a base‐promoted regioselective and chemoselective cascade cyclization, ynamide N–Csp bond cleavage, selective intramolecular 1,3‐migration, and simultaneous N‐desulfonylation strategy for the synthesis of 2‐phenyl‐3‐(phenylethynyl)‐1H‐indole derivatives within a time of 15 min. We observed multiple bond breaking (‐N–Ts, and Csp2–Ts, Csp2–I/Csp2–SePh) from (E)‐3‐(1‐iodo‐2‐phenyl‐2‐tosylvinyl)‐2‐phenyl‐1‐tosyl‐indole/(E)‐2‐phenyl‐3‐(2‐phenyl‐1‐(phenylselanyl)‐2‐tosylvinyl)‐1‐tosyl‐indole derivatives to achieve 2‐phenyl‐3‐(phenylethynyl)‐1H‐indole in 15–60 min using our standard reaction conditions. A gram‐scale experiment and the postsynthetic transformation of the synthesized 2‐phenyl‐3‐(phenylethynyl)‐1H‐indole were conducted to exhibit the advantages of our synthetic methodology. The developed methodology has multiple advantages: a rapid reaction rate, regioselectivity and chemoselectivity, transition metal and acid oxidant free, preventing resource waste and a time‐consuming process in deprotecting steps, broad substrate scope, mild reaction condition, simple setup, ease of handle, gram‐scale experiment, and synthetic product transformations.