Taylor Swift Lives the Dream, Performs With Madonna at iHeartRadio Awards 2015

Taylor Swift is living her best life. Two months after she freaked out on Twitter over a compliment from Madonna, the "Style" singer had the distinct honor of sharing a stage with the Queen of Pop at the iHeartRadio Awards on Sunday, March 29.

Swift, 25, managed to contain her (totally justified!) fangirling long enough to accompany Her Madgesty on guitar for a rendition of "Ghosttown," a song from Madonna's 13th studio album, Rebel Heart.

The two started their performance sitting on adjacent stools, angled slightly so they were almost back-to-back. Midway through, the "Living for Love" hitmaker stood and walked toward the front of the stage, at one point dropping to her knees before getting back up again. 

Taylor and Madonna
Madonna and Taylor Swift perform 'Ghost Town' onstage during the 2015 iHeartRadio Music Awards. Kevin Winter/Getty Images for iHeartMedia

She was joined a short time later by Swift, who rocked out on guitar as Madonna belted out the emotional tune. At the end of the performance, they shared a hug before walking away together.

Madonna, 56, previously told Australia's Today show that she liked Swift's music. She echoed the sentiment a few weeks later at the 2015 Grammys, telling Access Hollywood, "She writes some damn catchy pop songs. Can't get them out of my head."

The "Blank Space" singer was beside herself when she caught wind of the kind remarks. "Stop! I will pass out," she told Access Hollywood correspondent Shaun Robinson. "Oh my God! I've been so scared to meet her because it means so much to me."

Swift's performance with Madonna wasn't the only highlight of her night, of course. Toward the end of the show, the singer carried on her tradition of audience dancing when she busted a move to Snoop Dogg's rendition of "Peaches and Cream."

Sign up now for the Us Weekly newsletter to get breaking celebrity news, hot pics and more delivered straight to your inbox!

Want stories like these delivered straight to your phone? Download the Us Weekly iPhone app now!