Megan Fox and MGK Are ‘Loving’ Their ‘New Chapter’ as Parents (Exclusive Source)

Megan Fox and Machine Gun Kelly are settling into their new roles as co-parents.

A source tells PEOPLE that the former couple, who split before welcoming their baby girl in March, are enjoying becoming parents together and aren’t looking to make any big decisions in the next few months.

“Megan and MGK are really loving this time right now with their baby girl,” the insider tells PEOPLE. “They’re not making any big decisions about their future together as a couple because they just want to focus on the present and this new chapter as parents to their daughter together.”

“They are getting along really well and they have no idea what the future holds but right now they are doing great,” they add.

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A second source close to Fox tells PEOPLE that while the former couple is finding a new rhythm as co-parents, the actress hasn’t mentioned anything about getting back together with her musician ex.

“She’s doing well and enjoying her newborn,” they say. “Colson is around a lot and Megan seems happier with him. She hasn’t mentioned that they are back together, though.”

“It was heartbreaking for her to be pregnant and not be able to trust her partner,” the source continues. “They are just focused on their baby girl now.”

Alongside her baby girl, Fox is mom to sons Journey, 8, Bodhi, 11, and Noah, 12, whom she shares with ex-husband Brian Austin Green. Kelly also has a daughter, Casie Colson, 15, from his previous relationship with Emma Cannon.

After Fox welcomed her newest little one, a source close to the actress told PEOPLE at the time that while she’s planning on co-parenting Kelly, she was not interested in rekindling their romance.

“It feels magical to her that she now has a baby girl too,” the source told PEOPLE. “She’s doing great and over the moon about her baby girl.”

“The last few months alone have been difficult for her,” they continued. “At this point, she plans on co-parenting with Colson, but that’s it. She won’t be getting back together with him.”

In March, the Jennifer’s Body alum welcomed her fourth baby, a girl, her first with Kelly. The singer announced the news on his Instagram with a video of himself and his newborn daughter, holding his baby girl’s hand and sweetly stroking her fingers.

“She’s finally here!! our little celestial seed 🥹💓♈️♓️♊️,” Kelly wrote in the caption. “3/27/25.”

Fox and Kelly got engaged in January 2022. They called it quits at the end of November 2024, just weeks after announcing that they were expecting a baby together.