The Rolling Stones star welcomed his "family" Arcade Fire and Foo Fighters to the SNL stage in one sketch, while also revealing that he plans to take a very hands-on approach to the season-ender.
Jagger will also be joined on this weekend's SNL by guitarist Jeff Beck, who will make his very first appearance on the series.
Foo Fighter Dave Grohl is performing on SNL for the tenth time, after previously guest starring with Nirvana and Them Crooked Vultures.
Jagger's solo hosting stint is a first for the singer, although he did co-host a 1978 episode with The Rolling Stones and has appeared numerous times as a musical guest.
Saturday Night Live airs at 11.30/10.30c on NBC.
Watch Mick Jagger in a previous SNL sketch below: