NML Cygni or V1489 Cygni is a red hypergiant or red supergiant (RSG) in the constellation Cygnus. It is possibly one of the largest known stars currently known by radius, and is also possibly one of the most luminous and massive cool hypergiants, as well as one of the most luminous stars in the Milky Way.
NML Cygni, seen as the deep red star at the center, from the Sloan Digital Sky Survey DR9. Note the green circumstellar nebula surrounding the star.