"I don't know, I thought it was funny, that's why I wrote 'haha' at the end. Look I know I sometimes say or post strange things, but that's just how my brain works. To anyone I have offended, I just want to say I re-invented electric cars and I'm sending people to Mars in a rocket ship ... did you think also I was going to be a chill, normal dude?"
Another jibe the billionaire made about himself was when he referred to his infamous appearance on Joe Rogan's podcast.
"One time I smoked weed on Joe Rogan's podcast ... and now all I ever hear is 'Elon Musk smokes weed on podcasts' ... Like I go from podcast to podcast lighting up joints. It's like reducing OJ Simpson to 'murderer', that was one time!"
He went on to explain how OJ hosted Saturday Night Live twice, "and he killed it."
This comment was met with various groans from the audience.
Musk, 49, soon went on to tease the fact that he was going to say something 'shocking'...
"I could say something truly shocking... like I drive a Prius."
Elon brought his mum Maye Musk on stage for a sweet moment toward the end of his speech.
The monologue couldn't end without one joke however, and that is the name of his son who he shares with Grimes.
Elon makes fun of his son's name, X Æ A-12. "It's pronounced, 'cat running across the keyboard'."
This is the first episode of SNL that is internationally broadcast on YouTube.
"SNL is a global phenomenon and this livestream marks the first time audiences around the world will experience the show simultaneously along with the US," Frances Berwick of NBCU said in a statement. "It's incredibly exciting to create this worldwide event with host Elon Musk, and musical guest Miley Cyrus. We thank our international partners and YouTube for helping us make it happen."
This new streaming tactic is their attempt to broaden their audience.
Musk tweeted a link to the international feed:
It comes as the Tesla CEO copped a lot of criticism for joining the show's lineup.
Musk is the first non actor or non athlete to host Saturday Night Live since Donald Trump spearheaded the satirical sketches in 2015.
Musk tauntingly confirmed his upcoming emcee gig, tweeting: "Let's find out just how live Saturday Night Live really is."
The polarising tech tycoon — boasting a net worth of approximately $246 billion (US$179b) — punctuated his cryptic post with the grinning devil emoji to let his 52 million Twitter followers know he means business.
But Saturday Night Live star Bowen Yang seemed to have hoped that Musk's social-media memo was nothing more than a bad joke.
"What the f***k does this even mean," Yang, 30, questioned in an Instagram Story post attached to a screenshot of the SpaceX pioneer's tweet.
