Green’s Dictionary of Slang

delulu n.

(juv.) of a young fan, delusional in the excess of their adoration, usu. for a boy band; thus n. delulu, one such fan; thus also used in the wider world.

Urban Dict. 🌐 delulu A delusional fan girl/boy who believes they can/will end up with their favourite idol or celebrity and invest an unhealthy amount of time and energy into said idol.
Axis Parents’ Guide to Teen Sl. 🌐 Delulu = Shorthand for “delusional,” used to call out someone in a humorous way for choosing to reject reality in favor of a more interesting/appealing interpretation of events.