This paper deals with an experimental study regarding the spatial–temporal evolution of single wire explosions in air and water at atmospheric pressure. Experiments were carried out with a microsecond timescale pulsed current source under 500 J stored energy. The morphology of the exploding wire with different discharge type, wire material, insulating coat, and ambient medium was intensively observed via self-emission images. The results revealed that the plasma radiation of wire explosion in air mainly contained two stages: initial intense radiation from optically thick plasma, and later decaying radiation from expanded arc-like plasma. A hollow structure was observed in a Cu exploding wire in air, and the plasma channel tended to develop inside it. As for W case, there would always be a core-corona structure, resulting in lower expansion rate and shock wave strength. Moreover, the plasma radiation of the underwater wire explosion was mainly determined by two factors: expansion rate and chemical reaction. The expansion rate of the radiant region in water was only 10–1 mm μs–1 level (1 mm μs–1 level for air), leading to the lagging radiation. No noticeable difference in morphology was found between Cu and W wire explosions in water. Particularly, the Al wire explosion generated a bright light emission due to chemical reactions. Finally, radiative characteristics in an exploding wire were preliminarily concluded and existing problems proposed.