Demi Moore opened up about her gut-wrenching Best Actress loss — and whether she still believes there’s a sH๏τ at Oscar gold down the line.

The 62-year-old Hollywood legend, who recently spoke out about ex-husband Bruce Willis’ battle with dementia, was widely expected to take home her first Academy Award for The Substance. 

Instead, the honor went to 26-year-old breakout star Mikey Madison for her gripping performance in Anora.

It marked Demi’s first real sH๏τ at the golden statue after a blockbuster career that saw her rise from Brat Pack royalty to become the highest-paid actress in Hollywood.

Now, just two months after the emotional night, Demi is reflecting on it all — and setting the record straight about how she really feels.

‘I really had the pleasure of getting to know Mikey Madison and think that she did an incredible performance,’ Demi began in her candid conversation with Time on Wednesday. ‘And really, it’s an odd thing for there to be a compeтιтion anyway. But if I had won, it would’ve been a completion to what had started.’

Demi Moore opened up about her gut-wrenching Best Actress loss — and whether she still believes there’s a sH๏τ at Oscar gold down the lin during a TIME event on Wednesday

The 62-year-old Hollywood legend, who recently spoke out about ex-husband Bruce Willis ’ battle with dementia , was widely expected to take home her first Academy Award for The Substance (pictured)

Instead, the honor went to 26-year-old breakout star Mikey Madison (pictured March) for her gripping performance in Anora

As for the possibility of another sH๏τ at Oscar glory, Demi didn’t rule it out. 

‘That would be nice,’ she quipped. 

Read More Demi Moore finally reveals how she really felt about losing the Oscar to Mikey Madison

Later, she added, ‘I can’t say I would be mad at it. The question is should I have won is really maybe certainly not the perspective of how I hold it because I didn’t, and I really do subscribe to this idea that everything in life is happening for me, not to me. 

‘When I look at it through that lens, it allows me to step back and say, “What is this trying to give me?” And in that moment there was a lot was being projected that I would win, and so of course there’s disappointment. 

‘I also immediately recognize that there is something that is greater that I am to be in service to, even if I don’t know what that is, if there is a reason.’ 

In an earlier interview with Time, Demi confessed she had a feeling she’d lose to Mikey — even before the envelopes were opened.

‘I don’t know why I knew, but I did,’ the actress said. 

‘I was so centered and calm. I didn’t feel gutted. I didn’t feel any of those kinds of things. I just trusted, and am in trust of, whatever is going to unfold.’

It marked Demi’s first real sH๏τ at the golden statue after a blockbuster career that saw her rise from Brat Pack royalty to become the highest-paid actress in Hollywood

Now, just two months after the emotional night, Demi is reflecting on it all — and setting the record straight about how she really feels

As for the possibility of another sH๏τ at Oscar glory, Demi didn’t rule it out: ‘That would be nice,’ she quipped

‘I really had the pleasure of getting to know Mikey Madison and think that she did an incredible performance,’ Demi began in her candid conversation with Time on Wednesday; (pictured November) 

Despite the Oscars snub, Demi didn’t leave awards season empty-handed; (Critics Choice Awards in February)

The icon scooped up both a Golden Globe and a SAG Award for her fearless turn as aging fitness queen Elisabeth Sparkle in The Substance

‘I was so centered and calm. I didn’t feel gutted. I didn’t feel any of those kinds of things. I just trusted, and am in trust of, whatever is going to unfold.’ 

Despite the Oscars snub, Demi didn’t leave awards season empty-handed. 

The icon scooped up both a Golden Globe and a SAG Award for her fearless turn as aging fitness queen Elisabeth Sparkle in The Substance.

Up next, Demi is set to trade blood and bodysuits for bold looks and boardroom drama as she takes on the role of a ruthless fashion mogul in Boots Riley’s upcoming comedy I Love Boosters.

Meanwhile, Mikey is keeping fans guessing—Variety revealed Wednesday that the Anora breakout recently turned down a role in Shawn Levy’s top-secret Star Wars project, which is expected to star Ryan Gosling.