Elton John is celebrating Pride Month in a delightfully generous way: offering fans the opportunity to own an item of his legendary wardrobe via eBay to benefit the Elton John AIDS Foundation ! "This is the seventh out the closet we've done," Elton, 77, told ET's Rachel Smith about the sale. "This is our third one in America; we've done four in England and they've always been successful. I always think, 'You know what? Let's sell the clothes to people who would really like them and appreciate them.

' And the money goes to the Elton John AIDS foundation, what could be better?" "Rocket Man Resale" gives collectors and fans a once-in-a-lifetime chance to own a piece of fashion history with hundreds of items from Elton's closet, including bespoke Gucci jackets, Versace robes, customized Prada loafers, as well as affordable items such as historic concert T-shirts and baseball caps. "I mean, what [else] can you do with this? You say let's get rid of it, let's make use of it and hopefully people will come and love what they see and they can go away with something. Most of this stuff hasn't been worn," Elton shared.

Elton's longtime love and husband, David Furnish, added that the pair is "really, really proud" of the work the foundation's been doing, which includes many events like the sale. "One of the key things we have to continue to address with HIV AIDS is stigma, so proceeds from this sale -- specifically during Pride Month -- will go towards that initiative," David explained. ".