Heidi Klum proves once again that she is the Halloween queen!

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

Known for her extravagant Halloween costumes over the years, Klum and her husband Tom emerged as female and male versions of ET from Steven Spielberg’s 1982 film. ET the extraterrestrial.

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

“(I) thought about the universe in a different way and I thought ET was so cute and how he was spinning around and all the moments where ET dressed up with a wig and stuff so I just thought it would be fun to become ET and especially to see two of them,” she says, noting that they started getting ready as early as 11 a.m.

According to The New York TimesThe costume consists of a glowing fingertip – an ode to the beloved film – and a motorized headpiece with movable mouth and eyes.

Janelle Monáe also wore a costume of the iconic character, which she debuted on Instagram on Wednesday, October 30.

Earlier this month, Monáe, 38, revealed to PEOPLE that her version of the costume had been in the works for years.

“I actually shared a costume idea with someone’s team and tried to get a price on how much it would cost. And then I found out that person would be 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 on Wednesday that she had completed the final adjustments for her costume.

“It’s going to be very exciting,” Klum said in an Instagram video. “I just did my final fitting and it’s going to be great. I hope so.”

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

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

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

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“Happy Halloween 🎃 👻💀👀 Bring it on people!!!!! Show us your costumes…,” she added in her caption. “I’m so excited to see all your creations. I can’t wait to show you mine. A year in the making 🥳I hope everyone has a good time and be safe ❤️.”

The America has talent The judge also posted a video of her in bed with Kaulitz, asking him if he was done for the day.

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