Magnetic fields of planets, stars and galaxies are generated by self-excitation in moving electrically conducting fluids. Once produced, magnetic fields can play an active role in cosmic structure formation by destabilizing rotational flows that would be otherwise hydrodynamically stable. For a long time, both hydromagnetic dynamo action as well as magnetically triggered flow instabilities had been the subject of purely theoretical research. Meanwhile, however, the dynamo effect has been observed in large-scale liquid sodium experiments in Riga, Karlsruhe and Cadarache. In this paper, we summarize the results of some smaller liquid metal experiments devoted to various magnetic instabilities such as the helical and the azimuthal magnetorotational instability, the Tayler instability, and the different instabilities that appear in a magnetized spherical Couette flow. We conclude with an outlook on a large scale Tayler-Couette experiment using liquid sodium, and on the prospects to observe magnetically triggered instabilities of flows with positive shear.
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