In part one of How It Happened: Trump's Last Stand, Axios political correspondent Jonathan Swan draws a direct line from President Trump's Election Night speech, in which he falsely declared victory, to the insurrection on the Capitol on January 6.

But, but, but: The story really starts in early October, as Trump is recovering from COVID-19 and struggling to turn around a flailing campaign.

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Credits: This show is produced by Amy Pedulla, Naomi Shavin and Alice Wilder. Dan Bobkoff is the executive producer. Additional reporting and fact checking by Zach Basu. Margaret Talev is managing editor of politics. Sara Kehaulani Goo is Axios’s executive editor. Sound design by Alex Sugiura and theme music by Michael Hanf.