Saturday Night Live announced that Musk, the billionaire mogul behind Tesla and SpaceX, is scheduled to make his hosting debut on the May 8 episode with musical guest Miley Cyrus. The news comes one day after Musk's SpaceX launched its Dragon spacecraft to the International Space Station. Musk, whom Forbes ranks as the second-richest person in the world with an estimated net worth of $151 billion, is the rare business mogul to host SNL. New York Yankees owner George Steinbrenner hosted SNL in 1990, while then-NBC programming president Brandon Tartikoff hosted in 1983. Business mogul Donald Trump was starring on The Apprentice when he first hosted SNL in 2004. "At first, Musk seems like a left-field choice for a sketch comedy show," says Bruce Haring. "But the man behind Tesla and Space X has shown a quick wit in his online dealings with fans, foes and the like, so may have a few more surprises in store. The only surprise was that girlfriend and recording artist Grimes, the mother of his son X Æ A-12, is not on board as a music guest." The Musk news quickly got Lorne Michaels' name trending on Twitter, with some comparing giving the controversial Musk the SNL platform with Trump hosting in 2015 when he was a presidential candidate. "Looking forward to revisiting this great moment in personal branding when this half wit scam artist runs for president one day!" tweeted BoJack Horseman creator Raphael Bob-Waksberg. Cyrus, meanwhile, returns as musical guest a year after performing in one of the SNL At Home episodes. This will be her sixth time as musical guest. SNL's announcement also likely means that Season 46 will have 20 episodes. From 2008 to 2019, SNL produced 21 to 22 episodes per season. Musk hosts Episode 18 on May 8, followed by an episode on May 15 and the season finale on May 22, the final Saturday of the 2020-21 TV season.