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Is that really what the song is about? I mean

(1) There's no links to anything that confirm that's what the song is about, and so one can only assume that's how the person who wrote the article interpreted it, and

(2) To me, it seemed to be more about Ariana Grande falling in love with a boy on Christmas Day, and asking Santa to reassure her that 'he'll still be here next year'. If the song was purely about Santa, it wouldn't make any sense because she'd be referring to Santa as a seperate person (your, he), instead of directly (you)!