Pete Davidson Gives SNL’s Colin Jost $20,000 Gift After Addressing Feud Rumors

Watch:Pete Davidson Opens Up About the ‘Living Hell’ Of Dating In the Public Eye

Here’s a weekend update on Pete Davidson and Colin Jost‘s friendship.

After shutting down rumors of a feud in January, Pete gifted his former Saturday Night Live costar—and fellow Staten Island native—a $20,000 watch from Cartier, a source close to the situation confirmed to E! News.

Of course, that price tag is nothing compared to the $280,100 the two—along with The Stand comedy club founder Paul Italia—dropped on a decommissioned New York ferry boat in 2022.

“It’s the biggest one, it’s like a 5,000-seater,” Pete shared during a January appearance on The Tonight Show Starring Jimmy Fallon. “Initially, they were going to turn it into scrap—and me and Colin were like, ‘That sucks. We rode on that ferry.'”

They placed a successful bid on the watercraft with plans to convert it into an entertainment venue. However, Colin has called it the “dumbest and least thought-through purchase” in the years since the purchase.

So, what’s happening with the boat now?

read
Pete Davidson Details How Life Became a “Living Hell” Dating in the Public Eye in Honest Confession

“Give us a second,” Pete quipped to Jimmy Fallon, before quashing rumors of a feud with the Weekend Update anchor. “I talked to Colin last week and we have tons of stuff going on with it.”

The 31-year-old added, “We have a really extensive plan and we’re a lot closer than people seem to think.”

Pete’s latest pricey present to Colin, 42, also comes amid a new personal chapter following his 2023 rehab stint. In addition to focusing on his sobriety, the Bupkis star is moving forward in creating what he called a “clean slate,” including having most of his 200 tattoos removed.

Dana Edelson/NBC/NBCU Photo Bank

“I made a lot of those decisions before rehab,” he explained to Late Night host Seth Meyers in February, “so I have the dumbest tattoos. I got a collection of cartoons smoking blunts.”

Noting that he regrets “all of them,” Pete said, “When I’m 40, it’ll all be gone.”

“If it’s black and white, it’s a little easier,” he added. “But if it’s a color tattoo, it takes forever.”

E! News has reached out to reps for Pete and Colin but hasn’t received a comment. News of Pete’s gift to Colin was first reported by The Sun.

And for more surprisingly celebrity friendships, keep reading…

Mindy Kaling & Reese Witherspoon

They have been friends for years and have worked together. The two starred together in A Wrinkle in Time, while Mindy also had a recurring role on The Morning Show. In addition, the latter is co-writing Legally Blonde 3

Ayesha Curry & Lindsay Lohan

The Food Network star and Mean Girls alum first became friends during a trip to Dubai years ago and have since grown closer. In fact, Ayesha and Stephen Curry were even named the godparents of Lindsay and husband Bader Shammas‘ son Laui.

Adam Sandler & Timothée Chalamet

The two actors, who costarred in the 2014 film Men, Women & Children, reunited for an outdoor game of basketball in New York City in July 2023.

Russell Crowe & RZA

The actor has worked with the Wu-Tang Clan rapper on several movies, including The Man with the Iron Fists, American Gangster and The Next Three Days. But their bond goes much deeper than that. “As friends, we talk,” Crowe tells Fuse. “It is no effort for me to give a friend advice. Film has many gods and you have to understand, as a director, you will be required to please and appease them all.”

Michelle Dockery & Pippa Middleton

Before running into each other again at Wimbledon, the unlikely duo first crossed paths at the Downton Abbey set. “She actually came on-set with her brother, James, a few years ago,” Dockery told E! News.”They are good fans of the show.”

David Beckham & Snoop Dogg

When the “footballer” moved to L.A. and became a “soccer player,” he befriended the rapper. Becks appeared on Snoop’s reality show, the two played soccer and Snoop plays his new music for David first.

Dakota Fanning & Kristen Stewart

The two former child actors have worked on two films, Twilight and The Runaways, but Dakota says their friendship isn’t based on work, “When we’re together, we’re not talking about movie stuff.” 

Paris Hilton & Britney Spears

The two hung out together in the aughts and maintained their friendship over the years.

Nicki Minaj & Anna Wintour

The two have two very different approaches to fashion (has Anna ever been bedazzled?), but they bonded in the front row of an Oscar de la Renta show and Anna scored a name-drop in one of Nicki’s raps. 

50 Cent & Bette Midler

Now this is one strange duet! Fiddy met Bette working for the charity New York Restoration Project, where she gushed, “He’s one of the newest members of our tribe. He’s really made my life worth living.”

Taylor Swift & Lena Dunham

Taylor is a self-proclaimed good girl. Lena isn’t afraid to stir the pot. But they have a lot of mutual respect for each other and the Girls creator described T.Swift’s show as the “most life-affirming thing I’ve experienced.”

Jennifer Lopez & Leah Remini

The former King of Queens actress has been supertight with Jenny From the Block for a while now, bonding over fashion and tweeting cutesy things at each other with the hashtag “#luckybesties.” 

Gwyneth Paltrow & Jay-Z

The Goop goddess herself is actually friends with both Jay and his wife Beyoncé, though you might be more surprised to learn that Gwyn is an intense rap enthusiast and her kids even call Mr. Carter “Uncle Jay.” 

Brad Pitt & Jonah Hill

You might not expect the hunky thespian to be close with the dude from Superbad, but look at it this way: Brad is a total prankster (says Jonah) and Jonah is now a serious Oscar nominee (for their film Moneyball).

Eminem & Elton John

The controversial rapper joined forces with Sir Elton at the 2001 Grammys and later Em turned to his new friend for support getting sober: “I told him, ‘Look, I’m going through a problem and I need your advice.'”

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