New York’s Met Gala is back with a debut of extravagant gowns, glitz and glamour.

The annual celebration of fashion and art had the theme ‘gilded glamour’ welcomed stars, young creatives, and industry paragons. 

Hosted by Vogue at New York’s Metropolitan Museum of Art, the event is a fundraiser and celebrates the Met’s newest exhibit “In America: An Anthology of Fashion,” which opens on May 5.

This is the Costume Institute’s first two-part exhibition on the theme of American fashion, following last year’s part one; “In America: A Lexicon of Fashion.”

Actor, singer and playwright; Lin-Manuel Miranda, actors Blake Lively, Ryan Reynolds and Regina King will host the evening alongside co-chairs Anna Wintour, Tom Ford, and Instagram’s Adam Mosseri.

Guests have been encouraged to approach the Gilded Glamour, White Tie dress code by looking at late 19th-century clothing through a modern lens.

Blake Lively stunned the red-carpeted stairs with her dress transforming to resemble the statue of liberty.

Some other looks for the evening include Kendall Jenner in a black Prada gown and bleached eyebrows.

Newlyweds Brooklyn and Nicola Peltz-Beckham.

Hoyeon Jung’s in a Louis Vuitton mini dress with glamour inspired by oil paintings from the late 1800s.

Lily James in a glittery skintight dress.

Jared Leto and Allesandro Michele in matching Gucci outfits.

Kim Kardashian in the dress Marilyn Monroe wore when she sang “Happy Birthday” to US President, John F. Kennedy.

Elon Musk, who took his mother Maye Musk to the Gala.

Olivia Rodrigo in a draped-sequin dress with butterflies in her hair.

Lizzo even performed a debut on her flute on the iconic steps.

While many stars were dressed by expensive designers, viewers at home are questioning how in tune the looks are with the year’s theme.

Others have called the theme out of touch as it pays homage to the period of rapid prosperity, industrialization and growth in the US from 1870 to 1890, especially with the worsening inflation that many Americans are dealing with.

Amanda Gunn contributed to this report