Taylor Swift is busy swinging back and forth this year. Her latest collaboration is for the Met Gala 2016 that she will be co-chairing with Idris Elba.

The Bad Blood singer and the Beasts of No Nation star are among the co-chairs for the coming Costume Institute Gala of Metropolitan Museum of Art along with Anna Wintour and Apple's chief design officer, Jonathan Ive.

The annual Costume Institute Gala is a major fundraising event that is celebrated annually. In 2013, the gala was able to raise $9 million. While in 2014, a record of $12 million was raised.

This event highlights the opening of the Costume Institute's annual fashion exhibit. The exhibit inspires what the invited celebrities wear to the event. This is considered to be one of the most exclusive events in New York City and one of the biggest red carpet events in the world. Personalities from the fields of arts, fashion, high society, film and music have been attending the event in MET since 1946.

According to Vogue, this year's exhibition is "Manus x Machina: Fashion in an Age of Technology," and will focus on the "dichotomy between handmade haute couture and machine-made fashion."

"Traditionally, the distinction between the haute couture and prêt-à-porter was based on the handmade and the machine-made. But recently this distinction has become increasingly blurred as both disciplines have embraced the practices and techniques of the other," in the words of Andrew Bolton, curator of the Met's Costume Institute.

The  show will accordingly showcase more than 100 pieces  of haute couture and ready-to-wear fashion, Vogue reports, and couture items, as well as in-process workshops that includes 3-D printing, where attendees can see how the design take shape.

In addition to Swift, Elba and Wintour, honorary co-chairs for the event are designers Nicolas Ghesquière, Karl Lagerfeld, and Miuccia Prada.

Both the gala and the exhibition will be sponsored by Apple.

Do you think Taylor Swift will be able to rock the Met Gala?