Pete Davidson and Colin Jost joke about buying Staten Island Ferry boat during Weekend Update on 'SNL' - CNN

The "Saturday Night Live" stars joked about their recent purchase of a Staten Island Ferry during the show's Weekend Update.

The segment began with a well-known skit called Guy Who Just Bought A Boat, helmed by "SNL" star Alex Moffat.

"We're boat people now, Colin," Davidson said at one point.

"I mean, you always were.

You look like you own the yacht they rent out for rap videos."

To which Jost replied with a smirk, "It's very exciting.

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