Hailey and Justin Bieber are prepared to start their journey of parenthood and have already selected a name for their forthcoming addition.

According to a source, the revelation of their impending parenthood marked an unparalleled moment of joy for them.

“Everyone is excited for them,” the source says. “They will be great parents, and Justin will be super involved. This will be the next important project for him. He’s so excited to raise his baby. They have a name that they think is perfect. They’re also starting to decorate a nursery. They can’t wait to meet the baby.”

The 27-year-old model and her 30-year-old singer husband shared their momentous news via a joint Instagram post on Thursday, May 9.

In the accompanying video, the couple, who tied the knot in 2018, were seen renewing their vows.

Hailey, the founder of Rhode, donned a stunning Saint Laurent by Anthony Vaccarello white lace gown, elegantly showcasing her blossoming baby bump.

Complementing her attire was a bespoke lace head scarf, serving as both a headpiece and a veil, along with stylish black Saint Laurent sunglasses.

The post also featured amazing snapshots of the pair displaying their matching wedding bands and posing affectionately in a serene, open field.

“They have both been very emotional about it. They feel so blessed,” the source says.

“They’ve also felt very protective of the baby from the moment they found out. They shared with family and close friends early on. It was very important for them to keep it quiet and just enjoy [it] for as long as possible before they publicly confirmed.”

Following the public announcement, numerous friends of the couple expressed their elation in the comment section of the post.

Chrissy Teigen commented, “EEEEEEEEEEEEEEEEEEEEEEEEE!!!!!! You are going to be an amazing amazing mommy oh boy get ready!!! So exciting so happy for you both!!”

Aimee Song wrote, “@haileybieber you’re going to be such an incredible mama!!!!! Congrats you two!!” 

Justine Skye shared, “I LOVE YOU GUYSSSSSS.”