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Ronda Rousey knocked out by Holly Holm in staggering UFC upset Holly Holm convincingly knocked out the heavily favored Ronda Rousey at UFC 193 on Saturday night, taking down the most dominant figure in combat sports with an early second-round head kick that caught the previously undefeated mixed martial arts fighter — who was already dazed and bloodied from a vicious first-round beating — in the neck. "I don't know! I'm trying to take it in but it's crazy!" the 34-year-old New Mexico native said through tears immediately after the fight in Melbourne, Australia. "I had so much love and support — I just thought how can I not do this with all that support?" she added. SEE ALSO: Of course Ronda Rousey owns the cover of 'EA Sports UFC 2' The fight drew the largest live-action audience ever for UFC, with the 70,000-seat Etihad Stadium packed to the rafters. What they saw turned out to be one of the most staggering matches in modern pugilism. "I'm going to call this the greatest upset in UFC history," color commentator Joe Rogan said. "[Holm] fought a perfect fight." Holm easily beat Rousey in Round 1, bloodying her face with stiff left hands and oblique leg-kicks that slashed through Rousey's furious frontal attacks. Rousey got in one takedown — her signature early move that has won her several fights within the first minute — but Holm wiggled out of it, caught Rousey with a stinging punch to the face and dominated the rest of the round. It was the beginning of Round 2 that was the end of Rousey's perfect 12-0 record. Rousey, still reeling and bloodied from the first-round beating, took a number of stiff punches and kicks — most to the face — as she tried to chase Holm around the ring before the older fighter's swinging left leg caught Rousey upside the neck and sent her to the mat: The Rousey knockout #UFC193 https://t.co/x3VVB5yud1 — viral vines (@viralvines) November 15, 2015 Holm fell to the mat with Rousey to deliver a flurry of hammer punches to the face, but by then she was beating an already soundly defeated and barely conscious champion. The fight was quickly called, and Holm was given the UFC bantamweight belt that Rousey has possessed for years. Holly Holm, moments after her stunning defeat of Ronda Rousey.Rousey, whose fearsome dominance has made her a mainstream star — she had parts in the Entourage movie and Furious 7 this summer — had drummed up some bad blood with Holm before the fight, scrapping with her at the weigh-in and bad-mouthing her on Instagram as the fight approached. Fake ass cheap shotting fake respect fake humility bitch - "preacher's daughter" my ass - I see through your fake sweet act now - you're getting your ass kicked tomorrow, and I'm really going to enjoy the beating I give you #andSTILL A video posted by rondarousey (@rondarousey) on Nov 13, 2015 at 7:16pm PST UFC president Dana White speaks at a press conference with Ronda Rousey and Holly Holm ahead of UFC 193.Image: Cal Sport Media via AP Images/Associated PressThis story is developing .... Have something to say about this story? Share it in the comments. window._msla=window.loadScriptAsync||function(src,id){if(document.getElementById(id))return;var js=document.createElement('script');js.id=id;js.src=src;document.getElementsByTagName('script')[0].parentNode.insertBefore(js,fjs);}; _msla("//platform.twitter.com/widgets.js","twitter_jssdk");