The model hosted her 23rd annual Halloween Party at Hard Rock Hotel New York: The Venue on Music Row on Thursday, Oct. 31

Heidi Klum is once again proving she’s the Halloween Queen!

On Thursday, Oct. 31, the supermodel, 51, hosted her 23rd annual Halloween Party at Hard Rock Hotel New York: The Venue on Music Row.

Known for her extravagant Halloween costumes Over the years, Klum and her husband tom arrived as female and male versions of ET from Steven Spielberg‘s 1982 movie ET the Extra-Terrestrial.

On the red carpet, Klum told PEOPLE she decided to embody the character because ET has been “part of most of our lives” and she’s always been “a big fan.”

“(I) kind of thought about the universe in a different way and I thought ET was so cute and how he was wiggling around and all the moments when ET got dressed up with a wig and everything so I just thought it would be fun to become ET and especially to see two,” she says, noting that they started getting ready since 11 am

According to The New York TimesThe costume includes a glowing fingertip, an ode to the beloved movie, and a motorized headpiece with a movable mouth and eyes.

Related: Heidi Klum Admits She Gets ‘Anxious’ Ahead of Halloween Costume Reveal: ‘There Is No Real Trial’ (Exclusive)

Janelle Monae also wore a costume of the iconic characterwhich she debuted on Instagram on Wednesday, Oct. 30.

Earlier this month, Monáe, 38 revealed to PEOPLE that her version of the costume was years in the making.

“I’ve shared a costume idea with someone’s team, actually, and tried to get a price for how much it would cost. And then I found out that person was going to be that and I had been planning this costume for two years, ” she told PEOPLE, noting at the time that she would be dressed as “an iconic movie character.

Klum revealed that she had completed her final fittings for her costume on Wednesday.

“It’s gonna be very exciting,” Klum said in an Instagram video. “Just did my last fitting and it’s gonna be awesome. I hope.”

“See you all tomorrow,” she added before blowing a kiss to the camera.

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On Thursday morning, Klum shared another video on her Instagram to mark the beginning of her Halloween festivities.

“Good morning, New York,” she said. “It’s finally Halloween. One year in the making, this costume. I’m excited.”

Related: Heidi Klum Says Her Kids ‘Have Their Own Ideas’ for Halloween Costumes: ‘Lou Makes Her Own Things’ (Exclusive)

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“Happy Halloween Bring it people!!!!! Show us your Costumes …,” she added in her caption. “I am so excited to see all of your creations. Can’t wait to show you mine. One year in the making Wishing everyone a fun time and be safe .”

the America’s Got Talentjudge also posted a video of her in bed with Kaulitz, asking him if he was ready for the day.

“Are you ready to do Halloween with me?” she asked. “I love you.”