Abstract: Disclosed is a stuffed animal toy that is structured for being projected through the air, the toy body having a flexible outer layer with a fur-like exterior, head, neck region, trunk and an elongate tail projecting rearwardly from the trunk, the tail being provided with a plurality of annular folds therealong which allows it to be extendable to a substantially greater length, and an elongate elastic element is mounted entirely within the body of the toy, and extends, in its relaxed condition, from the tip of the tail where one end of the element is secured, to the underside of neck region where the other end of the element is secured. A thumb-grasp is also secured at the underside of the neck region. After grasping the ring with one hand and the tail end with the other hand, the elastic element may be stretched, which action extends the length of the tail. The toy can then be launched through the air by releasing the tail.