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Democrat James Talarico celebrated his historic victory in Texas's US Senate race on Tuesday, likening his defeat of Republican Ken Paxton to the biblical battle between David and Goliath.

"In this race, we went up against our own Goliaths. The richest man in the world, the most powerful man in the world, and the entire Washington DC establishment," he declared during a speech to supporters in Austin.

Talarico credited ordinary Texans with helping him overcome those odds, comparing his supporters to the weapon David used to defeat the giant.

"You were my slingshot. The people of Texas were my slingshot, and tonight we defeated Goliath," he told the crowd, before urging Americans to 'always bet on the underdog'.

Turning to the country's political divisions, Talarico argued that powerful interests had deliberately undermined America's economic and political systems, leaving citizens struggling and increasingly divided.

"There is something broken in America. Our economic system is broken. Our political system is broken. Even our relationships with each other feel broken. That's because the most powerful people in the world want it that way," he claimed.

Talarico's victory ends a Republican winning streak in Texas US Senate elections dating back to 1988, making him the first Democrat elected to represent the state in the chamber in over three decades.

The result also helped Democrats regain control of the Senate, with the party securing both chambers of Congress in the November 3 midterm elections.

Early figures put Talarico ahead of Paxton by 54.9 percent to 43.4 percent, although the vote count is still being updated at the time of publication.

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Transcript
00:00In this state, in this country, power belongs to the people.
00:13I'm reminded of that story from Scripture of a shepherd boy who goes up against a giant.
00:20For 40 days, Goliath teases and taunts.
00:25On the day of the fight, he shows up in full armor.
00:28He's carrying so many weapons, he needs someone else to carry his shield.
00:33In this race, we went up against our own Goliaths.
00:41The richest man in the world, the most powerful man in the world, and the entire Washington, D.C. establishment.
00:50David wasn't as big or as strong as Goliath.
00:55He didn't have as many weapons, but he had hope.
00:59He had faith.
01:00And he had a slingshot.
01:04You were my slingshot.
01:10The people of Texas were my slingshot.
01:18And tonight, and tonight, we defeated Goliath.
01:29Scripture has taught me.
01:31My own life has taught me.
01:33Always bet on the underdog.
01:36This win, this win, this win is for every underdog who's been counted out and left behind.
01:43This win is for every teacher and every nurse, for every farmer and every rancher,
01:50for every young person who's trying to buy a home,
01:54for every parent who's trying to put food on the table.
02:00This win, this win, this win is for every Texan who's ever wondered if anyone is listening.
02:10I heard you.
02:11We heard you.
02:13And tonight, the world hears you.
02:19I will always serve you.
02:22I will always fight for you.
02:24This win is not about the Democratic Party or the Republican Party.
02:29It's much bigger than that.
02:31There is something broken in America.
02:36Our economic system is broken.
02:39Our political system is broken.
02:41Even our relationships with each other feel broken.
02:46That's because, that's because the most powerful people in the world want it that way.

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