1. Black holes are regions of space where gravity is so strong that nothing, not even light, can escape. They form when massive stars collapse at the end of their life cycles.
2. There are two main types of black holes - static and rotating. The rotating type, known as Kerr black holes, form when collapsed stars have angular momentum.
3. As a star collapses, it passes through stages as a red giant, white dwarf, and neutron star until its mass exceeds around 3 solar masses, causing it to collapse entirely into a black hole with a singularity at its center.