The video shows a light bulb that not only seems to be levitating while rotating but is also on, although it does not seem to be connected to a source of electricity. In case you are wondering, this is not a trick. The levitation is achieved by magnets. Magnets on the periphery of the base attract the light bulb, while magnets in the center of the base repel the light bulb. The result is that the light bulb is locked in position in midair. Once set in motion by a twist, the light bulb can rotate for a very long time because it experiences little friction from the air.
As to how the light bulb is on, it is achieved by a phenomenon called “electromagnetic induction”, which was discovered by the English scientist Michael Faraday in 1831. Electromagnetic induction takes place when a moving magnetic field generates a current within a wire. In the case of the levitating light bulb, the base is connected to a power source that generates a moving magnetic field, which in turn induces the electric current inside the base of the light bulb. The principle of magnetic induction is behind electrical generators, and it powers all our electrical gadgets and appliances.