Katy Perry, Kimye, K-Stew Going Punk For Met Ball Red Carpet?

Will Beyoncé show up to Monday night's Costume Institute Gala alongside Gwyneth Paltrow and Jennifer Lawrence?

Attention fashion lovers, gossip hounds and all-around pop culture aficionados! Monday night (May 6) is the annual Costume Institute Gala, and that means fashionistas of all types will be descending on the famed staircase at the Metropolitan Museum of Art to pay homage to all things punk.

We know that before the red carpet kicks off and the champagne begins to flow, you might have a few questions. Like, who will be there? What does punk have to do with it? Will Kimye's outfits pay homage to Sid and Nancy? So, ahead of all the Met Ball fun, MTV News is rounding up the latest dish about the splashy fete.

God Save the Met

This year's exhibit, "Punk: Chaos to Couture," runs at the museum through August 14. It will take a look back at the influence the punk movement of the '70s has had on fashion, right through today. That means that you can finally learn there actually aren't that many degrees separating Johnny Rotten and Joe Strummer from Avril Lavigne.

For complete coverage of everything Met Gala, head over to MTV Style!

Paging Queen Bey?!

Beyoncé has been named the Honorary Chair of the Met Gala this year. With a night off from her Mrs. Carter Show, she could easily make the trip from London to NYC just in time to show the fashion world just who runs it. "The Girl With the Dragon Tattoo" star Rooney Mara has also been named a co-chair of the event, along with fashion luminaries like Moda Operandi co-founder Lauren Santo Domingo, Givenchy creative director Riccardo Tisci and, of course, Anna Wintour, Vogue editor in chief.

Girls on Film

The guest list for the event generally reads like a who's who of Hollywood's biggest names. This year is no different. Rumored pairings include Gwyneth Paltrow and Valentino, the Fanning sisters with the Rodarte sisters, "Girls" star Allison Williams with Joseph Altuzarra, Elizabeth Banks with Brian Atwood, and Emma Roberts with Diane von Furstenberg. Meanwhile, Jennifer Lawrence and Marion Cotillard will wear Dior, and "Girls" leading lady Lena Dunham will rock Erdem.

Kristen Stewart is likely to attend with Balenciaga's Nicolas Ghesquiere, Twitter is buzzing. The gossip mill is also in overdrive that she might bring R-Pattz as her other date.

Pop Stars on Parade

Celebrities from the world of music also love to have themselves a good time at the Met Gala. The gossip is that Jennifer Lopez will arrive with Michael Kors, Nicki Minaj and Blondie frontwoman Debbie Harry, a punk/New Wave icon, will be with Tommy Hilfiger, and Katy Perry is likely to wear Dolce & Gabbana. Teasing that she will be on-theme for the night, Perry said her look will hark back to "original punk." Other music-minded attendees include Miley Cyrus and Bey's baby sister, Solange.

And Then There's Kimye

Kanye West and Kim Kardashian have never met a fashion event they didn't want to attend. On Sunday night, the fashionable parents-to-be dined with the gala's other Queen Bee, Anna Wintour, at her NYC home. What better way to prep for the party than at a pre-party with the host? Baby Kimye isn't even born yet and is already attending better parties than 95 percent of the world!

Who are you excited to see grace the Met's red carpet? Tell us in the comments!