Cold Open Roasts Trump’s Economic Plan

Saturday Night Live kicked off its latest episode with a cold open mocking President Donald Trump’s newly announced tariff plan, which has caused turmoil in global markets. James Austin Johnson reprised his role as Trump, declaring tariffs to be his “favorite word” — short for “terrific idea.”

The fake Trump speech poked fun at the plan’s randomness, comparing it to the meaningless numbers from Severance, and joking that America would soon enter a “fantastic, unbelievable depression” — MAGDA, or Make America Great Depression Again.

Mike Myers Returns as Elon Musk

In a surprise twist, Mike Myers returned to SNL playing Elon Musk. His version of Musk introduced the fictional Tesla Model V, the “first fully self-vandalizing car,” featuring auto-smashing headlights and AI-generated graffiti.

“You can choose from penises, swastikas, or my favorite—swastikas made of penises,” Myers quipped, drawing big laughs.

Jack Black Brings Rock Energy to Studio 8H

Hosting for the fourth time, Jack Black brought his signature energy to the show. He joked mid-monologue that he was quitting due to stress—only to be revived by a classic School of Rock guitar riff. Fueled by the music, Black launched into an impromptu musical number, leaping through the audience as a live marching band backed him up.

Musical Guests Elton John and Brandi Carlile Shine

The night’s musical guests were legends in their own right—Elton John and Brandi Carlile, who both delivered powerful performances. It marked a standout musical pairing that added emotional depth to the high-energy episode.

A Tribute to Val Kilmer

At the show’s end, SNL paid tribute to actor Val Kilmer, who passed away from pneumonia at age 65 earlier in the week, with a heartfelt title card honoring his legacy.

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