Justin Timberlake portrays him in a video based around his life in the 1970's. Elton doesn't make an appearance, but numerous other celebrities do.
According to MTV news :
"The '70s-inspired clip is centered on Justin backstage at a concert venue as he performs the song while making his way from the dressing room to the stage. Paul Reubens, the artist formerly known as Pee-wee Herman, also turns up in the video, as the young Elton's manager.
This odd assortment of characters gathered in Los Angeles last weekend to shoot the video under the guidance of director David LaChapelle. "