Jaden Smith, son of Will and Jada Smith, was spotted in Los Angeles on Feb. 1, showing off his first car, a Tesla Model X SUV.

Jaden, who turned 17 back in July, is one lucky teenager. His cool new ride has not been released on the market yet and isn’t expected to be available to the public until late 2016, as noted on the Tesla Motors site.

The Tesla Model X, by the Elon Musk-run electric car company, is said to be the, “safest, fastest and most capable sport utility vehicle in history,” according to the company. The car is equipped with falcon wing doors, seating for up to seven people and can accelerate from zero to 60 miles per hour in just three short seconds. Model X is priced at $80,000.

On Feb. 2, Jaden’s older brother, Trey Smith, posted a photo on his Instagram of Jaden posing in front of the shiny new vehicle. Trey shared how happy he was for his little brother by hashtagging the moment as “Priceless.”