Are Mariah Carey and new beau James Packer going to have a baby together?!

According to a new report, the Grammy winner is pregnant with the Australian billionaire's child after just two months of dating.

mariah carey

"Mariah found out the baby news recently and they're overjoyed at the prospect of being parents," an insider tells New Idea magazine.

This would be the third child for the songstress, who has four-year-old twins Moroccan and Monroe with estranged hubby Nick Cannon. James, 47, has three kids between the ages of seven and two from a previous marriage.

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The duo, worth a combined $5.2 billion, were first spotted together in June sailing around the Balearic Islands on the businessman's yacht.

Sources told TMZ at the time that James had "aggressively" pursued Mariah after becoming obsessed with her music after a Las Vegas concert in April.

We guess only time will tell whether or not this latest report is true!