Miley Cyrus will be the musical guest on the night Musk hosts.
In a recent interview, a barefoot Elon Musk joked that "a bunch of people will probably die" in the quest for the exploration of Mars.
the multimillionnaire entrepreneur spoke candidly about his plans for tourism on the red planet, and what needs to happen before they become a reality.
The Tesla and SpaceX CEO spoke to XPrize founder and chairman Peter Diamandis about his outer space plans saying Mars isn't an "escape hatch for rich people".
During the interview, Musk said travelling to Mars will be "dangerous" and "uncomfortable".
"It's a long journey, you might not come back alive, but it's a glorious adventure and it'll be an amazing experience," he said.
"If an arduous and dangerous journey where you might not come back alive, but it's a glorious adventure, sounds appealing, Mars is the place. That's the ad for Mars," he said.
"Honestly, a bunch of people probably will die in the beginning. It's tough sledging over there, you know," he added.
"We don't make anyone go. It's volunteers only."