The KAWS x Sesame Street "Elmo" (Water Parade Floater) is a limited-edition vinyl sculpture released in October 2025 to commemorate the world’s first "Water Parade" at Hong Kong's Victoria Harbour. Created in collaboration with creative studio AllRightsReserved and the DDT Store, this 13cm diameter figure is a precise miniature of the massive 65-foot inflatable sculpture that floated in the harbor. The design reimagines Elmo through the lens of contemporary artist Brian Donnelly (KAWS), featuring his signature "X" eyes and stylized sculptural details. Rendered in vibrant red with Elmo seated in a sun-yellow inner tube, the piece captures a rare moment of playful, aquatic-themed synergy between childhood nostalgia and high-end art toy culture. As a centerpiece of the 2025-2026 global art tour, this Hong Kong exclusive serves as a definitive collectible for those documenting the intersection of large-scale public art installations and modern pop-surrealism.