LIVE, midterms 2026: in his first speech after a historic defeat, Trump talks about his ballroom at the White House

In his first speech after a historic defeat, Trump discussed his renovation plans for the White House. His vice president attributed their loss to the ongoing war against Iran. Meanwhile, California's proposed billionaire tax is still undecided, with early results showing a majority against it. In abortion rights referendums, three states approved protections, while Idaho rejected a proposal. Elon Musk faced setbacks in Texas elections, with Democrats gaining control, potentially complicating his business plans. The stock prices of Tesla and SpaceX dropped significantly following the elections, leading to substantial financial losses for Musk.