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The wait is over!

Bruno Mars is back with a brand new beat: "24K Magic," his first single in four years. After a week of hype on social media, the 30-year-old musician released the song and music video overnight. "You can call it my first single," Mars said, "but I call it the invitation to the party."

"24K Magic" was written and produced by Shampoo Press & Curl, with additional production by The Stereotypes. Mars' third studio album—also titled 24K Magic—will come out Nov. 18. Mars and Cameron Duddy also co-directed the music video, filmed at the Fountains of Bellagio.

Mars teased the track Thursday on Twitter. "Ugghh..About that single tonight. Been a rough week, exhausted. Also, gotta pick a friend up from the airport early tmrw. Rain check???" he wrote. "NAH F--K THAT! Not only am I droppin the single tonight, imma show y'all the album cover too!! BUT WAIT, THERE'S MORE!!!!! Not only am I releasing the single AND the album cover, IMMA DROP THE 24k MAGIC MUSIC VIDEO ON DAT ASS TONIGHT!!!!! LETS GOOOO!!"

Bruno Mars, 24K Magic

Atlantic Records

And that's exactly what Mars did.

The singer's sophomore album, Unorthodox Jukebox, was released in 2012. It won the Grammy for Best Pop Vocal Album and spawned five hit singles: "Locked Out of Heaven," "When I Was Your Man," "Treasure," "Gorilla" and "Young Girls." Mars' debut album, Doo-Wops & Hooligans, was released in 2010 and has sold over 6 million copies worldwide. It too featured five hit singles: "Just the Way You Are," "Grenade," "The Lazy Song," "Marry You" and "Count On Me."

Mars is scheduled to perform his new material on NBC's Saturday Night Live Oct. 15.