Sheeran's manager just posted a photo of the singer standing in front of a green screen with the caption, "This guy! Something is happening."
Bieber's manager posted the SAME caption for the "What Do You Mean?" star: "This guy! Something is happening."
A source close to the situation tells The Blast the two stars are definitely working on a new project together, but was tight-lipped when we pressed about new music.
Bieber has been openly discussing his return to music, and after his surprise appearance at Coachella with Ariana Grande, fans are waiting for an official announcement from the Canadian star.
It wouldn't be the first time Bieber and Sheeran teamed up to make sweet music together, as Sheeran co-wrote "Love Yourself" with JB back in 2015.