It's like our first first-class flight
I'm tripping on it,
The first time you fly first class, you are amazed about how much better things are then coach. You sort of trip out. Tripping also has a another meaning…you are going on a trip to another place.
Also in reference with the previous line, Kanye’s comparing how high he is to a flight. Of course Kanye means high successfully, but this also has another meaning…if you were that high off drugs you’d definitely be tripping.
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