Cyrus-ly chic. Miley on the cover of ELLE. Photo courtesy of ELLE

Miley, how you've grown!

Sixteen-year-old Miley Cyrus graces the August cover of ELLE magazine and also poses for a sexy fashion feature inside the issue.

Cyrus has been developing quite the fashion habit: First she announced her teen clothing line for Walmart with Max Azria and now she's nabbed the cover (photographed by Carter Smith) of one of the most prestigious fashion magazines.

The starlet tells the tome about her designer collaboration: "The jeans are my favorite part of the entire [Walmart] line. Because, like, literally this is going to be good for, like, Middle America, and it will be great for kids that really want to be in fashion but that don't have it available."

Get a sneak peek at ELLE's interview with the teen queen.

miley-cyrus, elle

Cyrus lays it all out on the table for the August issue of ELLE. Photo courtesy of ELLE

Stay tuned for more from the fashion shoot.