Megan Fox, Machine Gun Kelly and more A-list stars lit up New York City last night at the annual Time100 Next Gala.

The annual TIME100 Next list – inspired by the TIME100 list – celebrates 100 trailblazers from around the world, including artists, phenoms, innovators, leaders and advocates. The gala is held each year and is a glamorous event.

Photo: Getty

This year's gala saw a bevy of some of the entertainment industry's brightest stars, including actress Megan Fox and her fiancé Machine Gun Kelly, author Jennette McCurdy and actress Lily Collins. Of course, being a red carpet, the glamorous attendees didn't miss the opportunity to dress up and pulled out all the stops.

Megan Fox truly dazzled in a racy gold gown featuring a cinched waist and a daring slit that extended all the way to her hip. Paired with her newly red tresses, the actress looked like a goddess. Kelly, meanwhile, continued his punky fashion streak with a daring outfit of his own, wearing shiny vinyl trousers and a matching cage corset.

Photo: Getty

Host Keke Palmer brought her trademark joy to the red carpet, stepping out in a voluminous hot pink mini dress that featuring tiers of ruffles and sheer panels. Lily Collins opted for a classic silhouette, wearing a simple but eye-catching red column dress that was covered with shimmering embellishments.

Click the gallery above to see some of the most show-stopping outfits.