The Milky Way is a large band of stars, dust and gas that make up our galaxy. It contains billions of stars. Our sun and the solar system is only one of them. The Milky Way is only one of billions of galaxies that make up our universe. It has a diameter of about 100,000 light years and is as old as the universe itself. The name probably refers to how we see our galaxy - a white blurry band that looks like spilledmilk.