text: do black holes ever "burn out?"?   according to stephen hawkings, they do "burn out". his theory of hawkings radiation suggests that black holes emit energy in the thermal range. this radiation will continue for billions of years until the black hole literally evaporates.  a black hole with the mass of our sun will take many many many times the age of the current universe (14 billion years) to die out.  pops - if a black hole is created then there cant be a neutron star. if a neutron star is created, then it can't simultaneously be a black hole. i'm sorry you had to throw in false information.