Since the pair was spotted together at Knott's Scary Farm in Buena Park, Calif. on October 29, there has been heavy speculation about the nature of their relationship.
"Pete is Colson’s boy, so as long as he’s happy and in a healthy relationship with someone who treats him with respect, then he’s all for it," the insider explained. "Colson knows that Pete has a very public dating history, and it looks like this is going to be no different."
According to the source, the duo became "best friends" when they worked on The Dirt together.
As previously reported by OK!, the reality star and the comedian had dinner together for the second night in a row on Wednesday, November 3, at Zero Bond in New York City. They "attended Rolls Royce dinner on level 4 with friends including Nicky Hilton and Food God [Jonathan Cheban]," an OK! insider spilled.
However, an insider told E! News that the SKIMS founder "isn't looking to date anyone right now."
A previous HollywoodLife insider said that Kardashian and The King of Staten Island star got closer while they were working on their Alladin skit for Saturday Night Live last month. "They were having a good time — you could see that there were sparks," the source explained. "You can tell they became quick friends while she was on the show."