Watch Elton John and Taron Egerton Perform a Duet of 'Tiny Dancer'

Of all the Oscars parties, the most infamous is Elton John's annual bash. Every year, the pop legend puts on a fabulous soiree with an A-List guest list that's almost as hard to get on as the guest list for the actual Oscars. This year, guests got an extra special treat as John and actor Taron Egerton, who portrays the icon in upcoming biopic Rocketman, performed a duet of "Tiny Dancer."

"It's funny how life turns out it isn't it," said Egerton before belting out the legendary song, showing off the pipes that got him cast as John's duet partner -- and as Elton John.

This performance is clearly a preview of what we have to look forward to at next year's Oscars, when Rocketman -- if it's any good -- will likely be up for an award or two.

In Rocketman, Egerton will perform an interpretation of John's catalogue. "Elton said, 'I don't think I've heard anyone sing my songs better than Taron,'" said the film's music producer Giles Martin.

John's husband David Furnish, a producer on the film, said last March that when he played recordings of the movie's songs for John "he was blown away, really blown away," and that "Elton was like, 'It can't get any better for me.'"

Furnish also revealed John's advice for Egerton: "'Don't copy me. Don't think you have to sing it exactly the way that I sang it. Don't think you have to perform it the way I performed it.' I think it's the challenge for the actor to embody the spirit and not get into thinking they have to do an impersonation."

Rocketman is in theaters May 31.

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