On March 15, 2021,
Internet Money announced the track's release date with an
Instagram post, with Mosey and Tecca putting up individual stories on their own
Instagram accounts over the next few days to promote the song. The song was released two weeks later on March 26. Although this is the first official collaboration between the artists, it is not Internet Money's first run-in with either artist. Mosey had previously featured on "Lost Me" alongside fellow American rappers
Iann Dior and
Lil Skies in 2020, a song from Internet Money's debut studio album
B4 the Storm. Tecca had also worked with Internet Money multiple times before, notably on Internet Money's 2019 debut single "
Somebody" alongside American rapper
A Boogie wit da Hoodie, as well as "
Out of Love", the lead single for Tecca's debut studio album
Virgo World. The release of "Jetski" came as a surprise to many fans as Mosey and Tecca had been rumoured to be at loggerheads since 2019, after "trolls on social media tried to pit the two against each other" in the early stages of their careers. This resulted in "various subliminals being fired on both sides", and both rappers had indirectly addressed the beef on social media since then. Interestingly, Mosey and Tecca have actually worked with each other before prior to "Jetski", on an unreleased song titled "Regular", and have even fully recorded a music video for it. ==Composition==