Source Explains Where Pete Davidson And Colin Jost Stand Amid Feud Rumors

Rumors of a falling out between comedians Pete Davidson and Colin Jost have swirled for months, with many speculating that their friendship took a hit following Davidson's exit from "Saturday Night Live."

Reports suggested the pair had grown apart, particularly as they navigated their joint ownership of a decommissioned Staten Island Ferry.

However, new information reveals the truth behind the speculation surrounding Pete Davidson's relationship with Colin Jost.

Did Pete Davidson Really Purchase A $20k Gift For Colin Jost?

According to TMZ, the alleged feud between Davidson and Jost was overblown.

The "Bodies Bodies Bodies" star did, in fact, purchase a $20,000 Cartier watch for Jost, but it wasn't to mend a broken friendship. Instead, the source said Pete definitely regrets how he behaved in the past before he went to rehab and got clean and he wanted to offer a mea culpa, or as Pete would likely say, "My bad, dawg," for his behavior prior to checking into rehab.

Davidson's apology was not about a specific incident with Jost but rather a general acknowledgment of his behavior during a turbulent period in his life. By gifting Jost the high-end timepiece, Davidson aimed to show his commitment to sobriety and reliability, particularly as they continue their business partnership with the Staten Island Ferry project.

Where Do Pete And Colin Stand Now?

The source also clarified that while Davidson and Jost are on good terms, they were never particularly close friends outside of "SNL." Their bond largely stemmed from working together and a shared connection that Davidson's father and Jost's grandfather were both New York City firefighters.

The source clarified that Pete and Colin are on fine terms, but they also have their own lives, and they weren't ever really best buds. Though they used to spend a lot of time together because they were colleagues, now they don't work together anymore, meaning they do not see each other as often.

The two comedians shared the "Saturday Night Live" stage for years, with Davidson frequently appearing on Jost's "Weekend Update" segment. However, since Davidson left the show, their interactions have been mostly business-related, particularly surrounding their unexpected venture as co-owners of the Staten Island Ferry.

Pete Davidson Takes Time For Mental Health

While Davidson is known for his candid humor and raw honesty, he recently took a step back from his bustling career to prioritize his mental health.

The "Saturday Night Live" alum checked himself into rehab last July, following a whirlwind of professional commitments that included over 200 live stand-up shows, multiple film projects, and the release of his second Netflix comedy special, "Turbo Fonzarelli."

Davidson's decision to seek treatment came amid growing concerns about his well-being. Reports had surfaced about the comedian missing meetings and canceling projects, including his sudden departure from "Worst Man," a wedding comedy he was set to star in alongside Jost.

A History Of Mental Health Challenges

Davidson has been open about his mental health journey for years. In a 2018 interview with Variety, he revealed that he had “been in and out of mental health facilities” since he was 9 years old. At the time, he credited new medication and mental health classes with helping him find stability.

“The last few years have been real rough with me,” Davidson shared. “I took all these mental health classes and really spent a lot of time getting me good.”

In 2023, Davidson sought treatment to manage PTSD and borderline personality disorder. A source told PEOPLE that “Pete will often check himself into rehab to work on these issues. His friends and family have been supportive during this time.”

Davidson's recent stint in rehab wasn't his first, but it marked another chapter in his ongoing commitment to mental health. Those close to him describe his time away as a “much-needed break”, allowing him to reset and focus on his well-being.

Pete Shares Update On 'Terrible' Tattoo Removal Process

Pete Davidson showcases tattoo-free body in new Reformation campaign. pic.twitter.com/TjkYCkGZoY

— Pop Crave (@PopCrave) February 11, 2025

Pete Davidson also recently opened up about his ongoing tattoo removal journey, describing the process as nothing short of “terrible.” The 31-year-old comedian, who previously sported around 200 tattoos, told Page Six that the project is “still going strong” as he continues to work on clearing his torso of ink.

“They burn off your skin and then you’ve got to do it 10 more times,” Davidson explained. When undergoing more extensive sessions, he revealed, “They just put me to sleep, which is kind of nice.”