The speed of light is constant in a vacuum at approximately 299,792,458 m/s, but it can slow down when passing through different media like water or glass. This slowdown is due to interactions with the medium's electrons, leading to an apparent decrease in speed, not a change in the speed of the photons themselves. Some misconceptions exist regarding light's speed in various contexts, including gravitational fields, where it may appear slower to an outside observer. It is important to differentiate between the speed of light in a vacuum and its behavior in denser materials. Overall, while light can change speed in different media, its fundamental speed in a vacuum remains unchanged.