Election 2024 updates: With Arizona, Trump sweeps all 7 swing states

President Joe Biden spoke to Vice President Kamala Harris and former President Donald Trump by phone Wednesday, according to the White House.

The White House said that Biden "congratulated" Trump on his victory during the call and invited him to a meeting at the White House, adding that the staff would coordinate a specific date for that meeting. Biden also "expressed his commitment to ensuring a smooth transition and emphasized the importance of working to bring the country together" during the call, according to the White House.

Additionally, Biden spoke to Harris today and "congratulated" her on her campaign, the White House said, adding that Biden will "address the nation to discuss the election results and the transition" tomorrow.

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-ABC News' Michelle Stoddart

Former President Donald Trump's campaign said Vice President Kamala Harris "congratulated him on his historic victory" in a phone call Wednesday.

"President Trump acknowledged Vice President Harris on her strength, professionalism, and tenacity throughout the campaign, and both leaders agreed on the importance of unifying the country," read the statement by Trump campaign spokesperson Steven Cheung.

Former President Donald Trump thanked his supporters in a fundraising email, promising a "golden age."

Calling his victory "a political victory that our country has never seen before," Trump wrote, "I will fight for you, for your family, and your future. Every single day I will be fighting for you with every breath in my body."

Trump is projected to win the presidential race despite being vastly out-raised by Vice President Kamala Harris' campaign over the last few months and constantly trailing in campaign cash on hand.

As of Oct. 16, the Harris campaign, the DNC and their joint fundraising committees reported having nearly $270 million in cash on hand compared to $202 million for the Trump campaign, the RNC and their joint fundraising committees, most recent filings show.

-ABC News' Soo Rin Kim, Lalee Ibssa and Kelsey Walsh

In an email sent to the Harris campaign staff obtained by ABC News, Harris campaign chair Jen O’Malley Dillon says: "I’ll leave you with this: losing is unfathomably painful. It is hard. This will take a long time to process. But the work of protecting America from the impacts of a Trump Presidency starts now."

Dillon adds that Harris told Trump that she would work with Biden to ensure a peaceful transfer of power, unlike what happened in 2020. Harris will also hold an all-staff call after her speech to talk about the road ahead.

--ABC News' Selina Wang