The first quasar to be understood (1963): the blazing core of a distant galaxy, powered by a supermassive black hole swallowing gas.
You see 3C 273 as it was about 2 billion years ago.

| Distance from us | about 2 billion light-years |
|---|
We use about 2 billion light-years: the time its light has been on the way, worked out from its redshift (NED, z = 0.1583) with the Planck 2018 values for the expanding universe. The 2.4 or 2.5 billion often quoted are other kinds of distance.
It belongs to a giant elliptical galaxy — the quasar is that galaxy’s blazing core, so far away the rest of it is lost in the glare.