Cody Simpson, 2019 GQ Men Of The Year Celebration

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Would Miley Cyrus and Cody Simpson ever collaborate on new music? The 22-year-old Australian musician weighed in on the possibility at the 2019 GQ Men of the Year party in West Hollywood, Calif. on Thursday. 

"Yeah definitely. We're looking at it," he exclusively told E! News while walking the red carpet and talking about his upcoming album. "We are getting all the songs down and then seeing who would make sense for what. It's going to be cool. It's going to be pretty much a rock album. A lot of guitar." 

Simpson said his album should debut in 2020.

"Working on a project at the moment and recording throughout the holidays and should have an album out next year," he said. 

Simpson and Cyrus sparked romance rumors in early October—less than two weeks after news of her split from Kaitlynn Carter broke. The artists have been packing on the PDA ever since and even celebrated Thanksgiving together.

Cyrus was previously in a relationship with Liam Hemsworth; however, he filed for divorce after less than a year of marriage. Although, there's been a bit of a holdup and the case is "not complete."

Simpson wasn't the only celebrity to attend GQ's big soirée. To see a few of the other stars in attendance, check out the gallery.

Offset, 2019 GQ Men Of The Year Celebration

Stefanie Keenan/Getty Images for GQ Men of the Year 2019

Lil Nas X, 2019 GQ Men Of The Year Celebration

Stefanie Keenan/Getty Images for GQ Men of the Year 2019

G-Eazy, 2019 GQ Men Of The Year Celebration

Stefanie Keenan/Getty Images for GQ Men of the Year 2019

Post Malone, 2019 GQ Men Of The Year Celebration

Stefanie Keenan/Getty Images for GQ Men of the Year 2019

Jon Hamm, 2019 GQ Men Of The Year Celebration

Stefanie Keenan/Getty Images for GQ Men of the Year 2019

Darren Criss, 2019 GQ Men Of The Year Celebration

Stefanie Keenan/Getty Images for GQ Men of the Year 2019

Charles Melton, 2019 GQ Men Of The Year Celebration

Stefanie Keenan/Getty Images for GQ Men of the Year 2019

Karamo Brown, 2019 GQ Men Of The Year Celebration

Stefanie Keenan/Getty Images for GQ Men of the Year 2019

Billy Eichner, 2019 GQ Men Of The Year Celebration

Richard Shotwell/Invision/AP/Shutterstock

Kevin Bacon, 2019 GQ Men Of The Year Celebration

Stefanie Keenan/Getty Images for GQ Men of the Year 2019

Billy Idol, 2019 GQ Men Of The Year Celebration

Stefanie Keenan/Getty Images for GQ Men of the Year 2019

Keegan Michael Key, 2019 GQ Men Of The Year Celebration

Stefanie Keenan/Getty Images for GQ Men of the Year 2019

Pete Wentz, 2019 GQ Men Of The Year Celebration

Stefanie Keenan/Getty Images for GQ Men of the Year 2019

E! News returns weekday mornings at the beginning of 2020!

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