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Pete Wentz and Michelle Trachtenberg were spotted in L.A. this weekend grabbing coffee … and each other! Well, maybe. There wasn’t exactly blatant PDA, but they sparked rumors that fireworks may be flying well beyond July 4.

In light of his pending divorce from Ashlee Simpson, could Wentz and Trachtenberg – who were an item years ago – be rekindling their romance?

Their outing comes shortly after Ashlee Simpson and Vincent Piazza of Boardwalk Empire were linked romantically. Perhaps both are moving on.

Michelle Trachtenberg and Joss Whedon
(Getty Images)

Trachtenberg’s and Wentz’s respective reps had no comment. It will be interesting to see if Pete and the recurring Gossip Girl star keep hanging out.

Despite their estrangement, there appears to be no bad blood between the parents as they took son Bronx to lunch in Studio City, Calif., recently.

[Photos: WENN.com]