Observations show that the expansion of the universe is accelerating, such that the velocity at which a distant galaxy recedes from the observer is continuously increasing with time. The accelerated expansion of the universe was discovered in 1998 by two independent projects, the Supernova Cosmology Project and the High-Z Supernova Search Team, which used distant type Ia supernovae to measure the acceleration. The idea was that as type Ia supernovae have almost the same intrinsic brightness, and since objects that are farther away appear dimmer, the observed brightness of these supernovae can be used to measure the distance to them. The distance can then be compared to the supernovae's cosmological redshift, which measures how much the universe has expanded since the supernova occurred; the Hubble law established that the farther away that an object is, the faster it is receding. The unexpected result was that objects in the universe are moving away from one another at an accelerating rate. Cosmologists at the time expected that recession velocity would always be decelerating, due to the gravitational attraction of the matter in the universe. Three members of these two groups have subsequently been awarded Nobel Prizes for their discovery. Confirmatory evidence has been found in baryon acoustic oscillations, and in analyses of the clustering of galaxies.

The universe is all of space and time and their contents. It comprises all of existence, any fundamental interaction, physical process and physical constant, and therefore all forms of energy and matter, and the structures they form, from sub-atomic particles to entire galaxies. Space and time, according to the prevailing cosmological theory of the Big Bang, emerged together 13.787±0.020 billion years ago, and the universe has been expanding ever since. Today the universe has expanded into an age and size that is physically only in parts observable as the observable universe, which is approximately 93 billion light-years in diameter at the present day, while the spatial size, if any, of the entire universe is unknown.