The 2024 YR4 asteroid, which is nearly the size of a football field, now has roughly a 0.004% chance of hitting Earth in about eight years, according to the space agency's latest calculations. The Center for Near-Earth Object Studies previously projected a 3% chance of the asteroid striking our planet before lowering the chance to 0.28% last week.

“NASA analysis drops asteroid 2024 YR4's impact probability to 0.004%, meaning it is expected to safely pass by Earth in 2032,” NASA’s Planetary Defense Coordination Office posted on X Monday. The European Space Agency shared a similar risk assessment of its own Tuesday, finding that the probability was .001%.