WATCH: NBA icon and 23XI owner Michael Jordan's lavish $70M Gulfstream private jet

Race fans recently got an up-close look at Michael Jordan's new $70 million private jet in a video posted to social media. The retired NBA great and co-owner of NASCAR's 23XI Racing has acquired a Gulfstream G650ER with a paint scheme that cost about $500,000.

In a video posted by Joe Pompliano on X, a 13-second TikTok video shows viewers around the outside of the basketball icon's new aircraft. The exterior is a camouflage pattern with the well-known Air Jordan logo plastered. Pompliano, an entrepreneur and investor, wrote:

"Michael Jordan’s new $70 million Gulfstream G650ER is incredible. The tail number is N236MJ and the custom paint job probably cost over $500,000."

The post sparked over 200 responses. Some users were taken aback by the jet's cost and suggested it was a waste of money for the New York native.

"Depreciating asset. Cool in the moment. Money down the toilet in reality. I’d rather sit first class Delta any day of the week," one wrote.

"Buying an airplane is nice, but the fuel, maintenance and related paperwork gonna eat your wallet empty," another wrote.

"It’s a little bit much. I love MJ but a regular private jet should have been enough. Jeez," a third commented.

Apart from some disapproving comments regarding the six-time NBA champion's recent purchase, the video had many appreciative reactions.

"MJ! Always flying in style," a fan wrote.

"The only way to fly!" another said.

"Baller still got game!" a third user wrote.

Along with his purchase, Jordan has taken the time to help others in his community.

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Michael Jordan and 23XI Racing donate $1 million to Hurricane Helene relief

Michael Jordan and 23XI Racing announced via X last week that they are donating $1 million to Hurricane Helene relief. The natural disaster that ripped through the southeast United States caused over 200 people's deaths and over $30 billion worth of damage.

Jordan, who once played at the University of North Carolina for three seasons, and his race team co-owner, 54-time Cup Series winner Denny Hamlin, said they were donating money to North Carolina, a state they call home.

The pair donated $500,000 to the NC Disaster Relief Fund and another $500,000 to Second Harvest of Metrolina.

"Michael Jordan and 23XI are committed to helping North Carolina move forward and encourage others to join in rebuilding our communities," the announcement reads.

Airspeed is 23XI Racing's headquarters, which recently opened in Huntersville, NC, just over 100 miles from where Jordan once played for the Tarheels. UNC retired his iconic #23 in his honor.