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Kay, so update: Pete Davidson and Emily Ratajkowski are fully just keeping things casual

She thinks he's a "good rebound."

Society still appears to be recovering from the news that Pete Davisaon and Emily Ratajkowski are dating in the wake of their respective high-profile breakups, but please be advised that they're not in a relationship.

Entertainment Tonight reports that Pete and EmRata are "keeping their romance casual" and a source confirms that they're simply having "a good time together."

"Emily is doing well and getting more adjusted to her life as a single mom since her divorce," the insider explains. "She is dating and having fun with it. She's in a good headspace."

GOT IT! But, like...

Meanwhile, ET's source also says that Emily thinks Pete is a "good rebound," explaining "Emily has been seeing Pete and thinks he is super charismatic, funny, and a good rebound. It is casual between them, but she likes that they're comfortable with each other, and have a good time together. Things are going well for her."

News that Pete and Emily were dating first hit on November 13 (so...literally 2 minutes ago) thanks to a DeuxMoi tipster who saw the pair in Brooklyn:

Emrata and Pete

The next day, Emily added fuel to the rumor fire by liking this tweet:


While Pete's ex Kim Kardashian had everyone thinking she was ~making points~ by posting a song by Pete's other ex Ariana Grande.

Oh, and Pete + Emily were papped on Pete's birthday, when a source told E! News that "It's still very new, but they have been in non-stop communication, and she just went out with him to celebrate his birthday and wanted to make him feel special. It's a chill relationship so far. There's no pressure to make it exclusive, but she really likes him. Pete is charming and winning her over for sure."