Automatically capture output of last command into a variable using Bash?

I don't know of any variable that does this automatically. To do something aside from just copy-pasting the result, you can re-run whatever you just did, eg

vim $(!!)

Where !! is history expansion meaning 'the previous command'.

If you expect there to be a single filename with spaces or other characters in it that might prevent proper argument parsing, quote the result (vim "$(!!)"). Leaving it unquoted will allow multiple files to be opened at once as long as they don't include spaces or other shell parsing tokens.

This is a really hacky solution, but it seems to mostly work some of the time. During testing, I noted it sometimes didn't work very well when getting a ^C on the command line, though I did tweak it a bit to behave a bit better.

This hack is an interactive mode hack only, and I am pretty confident that I would not recommend it to anyone. Background commands are likely to cause even less defined behavior than normal. The other answers are a better way of programmatically getting at results.

That being said, here is the "solution":

PROMPT_COMMAND='LAST="`cat /tmp/x`"; exec >/dev/tty; exec > >(tee /tmp/x)'

Set this bash environmental variable and issues commands as desired. $LAST will usually have the output you are looking for:

startide seth> fortune
Courtship to marriage, as a very witty prologue to a very dull play.
                -- William Congreve
startide seth> echo "$LAST"
Courtship to marriage, as a very witty prologue to a very dull play.
                -- William Congreve

Bash is kind of an ugly language. Yes, you can assign the output to variable

MY_VAR="$(find -name foo.txt)"
echo "$MY_VAR"

But better hope your hardest that find only returned one result and that that result didn't have any "odd" characters in it, like carriage returns or line feeds, as they will be silently modified when assigned to a Bash variable.

But better be careful to quote your variable correctly when using it!

It's better to act on the file directly, e.g. with find's -execdir (consult the manual).

find -name foo.txt -execdir vim '{}' ';'

or

find -name foo.txt -execdir rename 's/\.txt$/.xml/' '{}' ';'