"I am Humbly Grateful to be receiving the MichaelJacksonVideoVanguard Award", Elliott tweeted.
The internet spoke and MTV listened.
Elliott will also perform live during the telecast, marking her first return to the VMAs stage since 2006. The deserving rapper, singer/songwriter and producer took to social media to celebrate shortly after the news was announced.
Missy Elliott was recently awarded the honorary doctorate from Berklee College of Music and now the legendary music maker and songwriter will be receiving yet another prestigious award.
The 48-year-old is having a pretty stellar year, to say the least. "I Thank my FANS "Supafriends" who fought diligently to see this day come @KidFury @crissles who rooted for years 4 me I am crying happy tears".
"Missy's impact on the music landscape is indelible", Bruce Gillmer, Head of Music and Music Talent, Viacom and Co-Brand Head, MTV International, said in a statement.
Since her debut video for "The Rain (Supa Dupa Fly)" in 1997, where she sported an inflated trash bag with confidence and charisma, Elliott has been a powerhouse on the music video scene with an oddball, eccentric and creative style that's inspired generations after her.
The moment has been a long time coming for Missy and her fans, who have petitioned MTV for years. She is a five-time Grammy victor and the first female hip-hop artist to be inducted into the Songwriters Hall of Fame.
Elliott, a five-time Grammy Award victor and the first female hip-hop artist to be inducted into the Songwriters Hall of Fame, has sold more than 30 million records worldwide, thanks to hits like "Work It", "Get Ur Freak On" and "WTF (Where They From)".