The 33-year-old received the Innovator Award at the iHeartRadio Music Awards on Monday.

Making the moment extra special, Phoebe Bridgers, who will join Swift's The Eras Tour as an opening act for 12 shows, presented the honor to her.

Bridgers spoke about the Anti-Hero singer's impact on her own career, telling the audience that hearing Swift's music made her more confident about her songwriting early in her career.

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The 28-year-old admitted that, as a teenager, she didn't feel like she had yet "lived a life worth writing a song about" - until she heard one of Swift's songs, that is.

"I'm grateful to have grown up in a world with Taylor Swift in it, or, The World (Taylor's Version)," the Kyoto singer said.

Swift had similarly kind words for her Nothing New collaborator. "I love Phoebe. That's my tourmate!" she told the crowd.

In her acceptance speech, Swift thanked her fans for supporting her throughout the many big turning points in her career and encouraged them not to be afraid of failure.

The Innovator Award wasn't the only award the Lavender Haze artist took home during the ceremony!

Swift scored Song of the Year for the lead single off of Midnights, Anti-Hero.

She also won several fan-voted awards, including TikTok Bop of the Year for Bejeweled, Best Lyrics for Anti-Hero, and Favorite Use of a Sample for Question...?.

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For Artist of the Year, though, Harry Styles reigned supreme over Swift and other notable nominees as he continued his hot streak after winning big at the 2023 Grammy Awards.

Other big winners of the night included SZA, Beyoncé, Selena Gomez, Bad Bunny, Drake, Luke Combs, and Doja Cat.