Abstract Aromaticity represents one of the most significant and widely applied concepts in modern chemistry. According to Hückel's rules, cyclic conjugated rings with [4 n + 2] π electrons are aromatic in the ground state ( S 0 ) and anti‐aromatic in the lowest excited state (S 1 /T 1 ). Conversely, Baird's rule defines that cyclic molecules based on conjugated 4 n π π electrons exhibit anti‐aromatic and aromatic properties in S 0 and S 1 / T 1 , respectively. Do compounds showing aromaticity in both ground and lowest excited states─namely, multi‐state aromaticity, exist? This review presents the recent advances in the area and uncovers the tricks that make multi‐state aromaticity synthetically feasible.