The story is found in Chapter 24 of The Silmarillion: "Of the Voyage of Eärendil and the War of Wrath." That's the last chapter of the book, and to summarize it would spoil the entire ending of the book.
Eärendil is Elrond's father, and he sails away in search of help. I recommend reading it the rest for yourself.
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...take counsel with thyself, and remember who and what thou art.
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