Grande: Not just the last name of one of the world's biggest pop stars, but the magnitude of her brand new engagement ring from a Saturday Night Live star.

Us Weekly first reported Monday (June 11) that Ariana Grande and Pete Davidson had gotten engaged only weeks after they'd begun dating (though a source reportedly told the site that they're "not in a rush" to get married and are "looking forward to a long engagement"). And while it seemed like the whole story may have been tabloid fodder, TMZ has since offered some specifics about Grande's ring that simply can't be ignored (you can see the massive sparkler here).

According to the site, Davidson paid nearly $100,000 for a custom ring for Grande. At $93,000, the VVS1 clarity diamond was set in platinum in May, and took two weeks to complete. New York City jeweler Greg Yuna (aka Mr. Flawless) created the ring, the site adds.

TMZ also reported that Grande and Davidson celebrated their engagement at Disney World, where they screamed on Thunder Mountain and took masses of photos with fans.

News of the engagement came just a month after both stars ended relationships with exes — Davidson split from girlfriend Cazzie David and Grande severed ties with Mac Miller, whom she'd been dating for two years. Grande and Davidson have since been incredibly forthright about their dating life — he got two tattoos in her honor and she's joked about having his babies.

A Stunning Collection of Celeb Engagement Rings: