Musk, 50, was in a goofy mood on the red carpet and was asked by La La Anthony, who interviewed guests as they arrived, about his plans for Twitter.
‘My goal, assuming everything gets done, is to make Twitter as inclusive as possible and to have as broad a swathe of people on Twitter as possible,’ he said.
‘And that it is entertaining and funny and they have as much fun as possible.’
He was also asked about his outfit for the event, which was staged with the theme Gilded Glamor.
‘Just following the dress code,’ he replied.
Musk was asked on Monday night what he made of the event, and how it felt to be there.
‘I feel great actually,’ he told Anthony.
‘It’s exciting to see all these looks.
‘And what we have here is the most talented people in style and fashion – and it’s the pinnacle of their work.
‘I’m honored to be here, and it’s lovely.’