The Hubble website explains:

A dying star’s final moments are captured in this image from the NASA/ESA Hubble Space Telescope. The death throes of this star may only last mere moments on a cosmological timescale, but this star’s demise is still quite lengthy by our standards, lasting tens of thousands of years!

The star’s agony has culminated in a wonderful planetary nebula known as NGC 6565, a cloud of gas that was ejected from the star after strong stellar winds pushed the star’s outer layers away into space. Once enough material was ejected, the star’s luminous core was exposed and it began to produce ultraviolet radiation, exciting the surrounding gas to varying degrees and causing it to radiate in an attractive array of colours. These same colours can be seen in the famous and impressive Ring Nebula (heic1310), a prominent example of a nebula like this one.

Planetary nebulae are illuminated for around 10 000 years before the central star begins to cool and shrink to become a white dwarf. When this happens, the star’s light drastically diminishes and ceases to excite the surrounding gas, so the nebula fades from view.

A version of this image was entered into the Hubble’s Hidden Treasures basic image competition by contestant Matej Novak.

Emilia Lahti adds:

Ingredients of life in the making... inside the gut of a dying star. One of the many mindboggling things about our universe.

"Recognize that the very molecules that make up your body, the atoms that construct the molecules, are traceable to the crucibles that were once the centers of high mass stars that exploded their chemically rich guts into the galaxy, enriching pristine gas clouds with the chemistry of life. So that we are all connected to each other biologically, to the earth chemically and to the rest of the universe atomically. That’s kinda cool! That makes me smile and I actually feel quite large at the end of that. It’s not that we are better than the universe, we are part of the universe. We are in the universe and the universe is in us."

~Neil deGrasse Tyson, head of the Hayes Planetarium

Source: https://facebook.com/emilia.elisabeth/posts/10152894398325303