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David Perdue, Jon Ossoff, Raphael Warnock, Kelly Loeffler. Photo: Getty Images

Sen. David Perdue (R-Ga.) will go to a Jan. 5 runoff contest after failing to win 50% of the popular vote in the race against Democrat Jon Ossoff, AP reports.

Why it matters: No winner has been declared in either of Georgia's two Senate battles, which means we likely won’t know which party will hold the Senate majority until 2021.

The big picture: Democrats and Republicans are already organizing fundraisers for both races, sources tell Axios' Hans Nichols and Alayna Treene.

  • Republican pro-life groups are also planning to take a stand, with the Women Speak Out PAC announcing a $4 million independent expenditure campaign in support of Loeffler and Perdue.

The state of play: Perdue — who has served as senator in Georgia since 2015 — led unofficial returns against Ossoff, who is looking to pick up votes from left-leaning counties, per AP.

  • Ossoff received about 50.7% of the vote in the state's Democratic primary — just over the threshold to prevent a primary runoff, according to AP.

Worth noting: As of Wednesday, both Democrats and Republicans hold 48 Senate seats each. AP still has not projected any results for the races in North Carolina or Alaska.

  • Democrats have flipped two seats in Arizona and Colorado, but lost one in Alabama.
  • The party initially hoped to win four seats to gain majority or three if Joe Biden wins the White House.

What to watch: "[G]et ready for nine more weeks of nasty campaign rhetoric, nonstop political advertising and even more visits from political VIPs, especially if control of the U.S. Senate remains at stake," AJC writes.

Go deeper: All eyes — and $$$ — on Georgia

Go deeper

Senate Mischief Makers

Illustration: Sarah Grillo/Axios

In a closely divided Congress, the Senate’s Mischief Makers could thwart their leaders' best-laid plans with their own agendas.

Why it matters: On Wednesday night, we shared a list of House members who our leadership sources on the Hill consider some of the top troublemakers. But their Senate counterparts may be even more impactful in a 50-50 chamber, where Vice President Kamala Harris holds the tiebreaking vote.

4 mins ago - Health

Axios Harris Poll 100: Pfizer, Moderna reputations soar post-vaccine

Data: Harris Poll; Chart: Danielle Alberti/Axios

America's affections have shifted away from the companies that helped us manage pandemic life and toward the vaccine manufacturers that are helping to end it.

Driving the news: Moderna and Pfizer shot up the ranks this year in the Axios/Harris 100, our annual survey of corporate reputations. Moderna is Americans' third-favorite company this year, and Pfizer came in at seventh — up from No. 61 a year ago.

Big Tech's reputation takes a pandemic plunge

Expand chart
Data: Harris Poll; Chart: Danielle Alberti/Axios

Americans have fallen further out of love with Big Tech, the latest Axios/Harris 100 brand reputation poll shows.

Why it matters: Even though Americans were hyper-connected to their devices throughout the pandemic, their relationship with many of the world's biggest tech firms has continued on a downward trend, suggesting that people see their products as necessary evils.