Sources close to both rappers tell TMZ ... French dropped $60k for a private jet and flew Iggy and some friends to Cabo over the weekend. We're also told Iggy and French shared a room in the oceanfront home they rented.
French and Iggy have been kickin' it nonstop since hanging out in Vegas last month, where they reportedly cut a new track together. Sources say they've also been going on a few dates in L.A.
We're told they're not officially a couple yet, but Iggy's got a track record with dudes on boats.