Could this not be some version of "herd immunity"? So in cramped conditions such as a warship, cruise liner or prison the virus just spreads so damn quickly (given the 5-14 day incubation) that we see most people getting infected really barely before the incubation is over for the index patient).
However in "normal" societal conditions (i.e. where people go to their jobs and are back to their homes at night and are only exposed "occasionally", e.g. on the commuter rail or maybe in a store) that the virus spreads much more slowly and coupled with asymptomatic carriers who (controversially may not "shed" the virus as much, or at all) that reduces the overall input to R0 such that it spreads more slowly and "fizzles out" with R0 < 1.
Presumably "herd immunity" isn't a binary thing ... we don't just go from 59% with raging infections at R0 = ~5-6, then suddenly at 60% infected R0 drops to <1? (or whatever numbers you believe "herd immunity" happens at). Maybe the R0 curve just flattens more quickly than we thought?