Elton John Says He's Finished Next Album — and It Will 'Surprise the S---' Out of People

John took the stage at the Barclays Center in Brooklyn on Friday to induct his close friend and longtime songwriting partner, Bernie Taupin

Elton John is releasing new music!

On Friday, the music legend, 76, took the stage at the Barclays Center in Brooklyn to induct his close friend and longtime songwriting partner, Bernie Taupin, into the Rock and Roll Hall of Fame.

During his speech, John revealed that the duo — whose music partnership spans over 50 years — had just finished a new album.

“We’ve just finished an album in Los Angeles, which is going to surprise the s--- out of you,” John told the audience in fan-recorded footage of the event. Referring to his swearing, he then joked, “Oops I can’t say that.”

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"It's absolutely wonderful, and it's full of youth, and it's full of vitality," John said of his forthcoming album. "It’s a wonderful place to be after we’ve been together for 56 years.”

As his speech came to an end, John described Taupin as “one of the finest lyric writers of all time.” He then revealed that each time he sings one of Taupin’s songs, he finds new meanings in them.

“He’s always been generous, and when I’ve crossed out verses, crossed out lines, he’s just gone with the flow and he’s trusted me,” John added. “And that trust has spilled into our friendship.”

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Back in May, Taupin, 73, who has co-written the majority of John’s hits such as “Rocket Man,” “Honky Cat,” “Crocodile Rock” and “Daniel," also hinted at a new project when he discussed his induction into the Rock and Roll Hall Of Fame. “We’ve got some plans laid that can’t really be discussed right now,” Taupin told Rolling Stone at the time.

In September, Taupin told PEOPLE that he and John would "definitely make another record."

“There’s no doubt about that," he said. "Just because he isn’t touring doesn’t mean he is fading to black. He’s still going to be very much active in other areas.”

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