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Key Points Pete Davidson joked about his upcoming baby and stressful ferry venture on 'SNL.' Davidson and Jost have struggled with turning a Staten Island ferry into an entertainment venue. Davidson and Elsie Hewitt announced their pregnancy in July 2025, expressing excitement about becoming parents. A Saturday Night Live legend returned to the show on Saturday, Nov. 8, to joke about his first baby on the way and a business venture causing him even more stress. Pete Davidson, 31, sat down with Colin Jost, 43, during the Weekend Update segment, and drew some hilarious comparisons between the Staten Island ferry he bought with his former costar and his upcoming first child with girlfriend Elsie Hewitt, 29. Related: ‘SNL’ Legend Kristen Wiig, 52, Rocks Daring Sheer Dress on LACMA Red Carpet “In case you’re wondering why I had to do a show in Saudi Arabia, we’re losing millions on this ferry,” he teased, referencing both the boat he bought in 2022 with plans to turn it into an entertainment venue and his controversial appearance at the Riyadh Comedy Festival in Saudi Arabia in September and October. “I assume that’s what the article says; I can’t spend $5 on a paywall when I’ve got a kid on the way.” “I’m just excited to be a dad and give it all the energy and enthusiasm I never had for this show,” he continued, adding, “I will tell you on the other side, I prefer having a kid to the ferry.” He even joked about renaming the ferry from “The Staten Island Ferry,” which he claims “sounded too depressing,” to “The Titanic II.” Why Pete Davidson and Colin Jost Bought a State Island Ferry Davidson and Jost, both native Staten Islanders, teamed up to purchase the decommissioned MV John F. Kennedy ferry from the city in January 2022. They bought it at an auction for a mere $280,100 with plans to turn it into a floating entertainment complex complete with restaurants, bars, a concert hall, and hotel rooms. Unfortunately, it’s proven to be an expensive and troublesome venture. Amid legal problems surrounding unpaid fees and massive slip costs to house the boat, photos surfaced of it looking rusty and dilapidated, leading some to guess the project was abandoned. 🎬 SIGN UP for Parade’s Daily newsletter to get the latest pop culture news & celebrity interviews delivered right to your inbox 🎬 However, in December 2024, Davidson insisted they do have a plan. “We do have, believe it or not, an in-depth plan,” he told the Wall Street Journal at the time. “Every day I get asked about this f***ing boat, and we’re raising the funds. We’re going to do a floor at a time. There’s a full plan in motion, and meanwhile, people are renting it out.” Tommy Hilfigure rented the boat for a fashion show in September 2024, and Jost revealed on SNL that they had yet another high-profile partnership emerge recently. “It’s actually going very well,” Jost said. “Recently, we got paid by Nike to put an ad on it for the New York City Marathon.” “My point is, the ferry, it’s fine,” Davidson added. “Sometimes, the news just makes things worse than they are.” Who Is Pete Davidson Having a Baby With? Davidson is much more enthusiastic about the prospect of becoming a dad. Hewitt shared the news of her pregnancy in July 2025 with a tongue-in-cheek Instagram carousel featuring photos of her and Davidson, their sonogram image, and several memes. “Welp, now everyone knows we had sex,” she captioned the post. Related: ‘Saturday Night Live’ Icon Reveals ‘Gross’ Medical Condition Davidson and Hewitt had only been dating seriously for a few months at the time, but both expressed enthusiasm for parenthood. A few days after the announcement, Davidson went on The Tonight Show Starring Jimmy Fallon and said, “Anybody who knows me, it’s my dream to be a dad, so I’m so excited… I’m excited to see [Elsie] be a mom, so we’re stoked.” Hewitt is a model and actress who has appeared in Playboy, Guess ads, Industry, and Teenage Badass.
