An asteroid that's big enough to wipe out a city has a 1-in-43 chance of hitting our planet in the year 2032. But according to new calculations, there's an even smaller chance that it might crash into the moon instead.

The odds that asteroid 2024 YR4 could hit Earth in 2032 recently spiked from a little more than 1% to 2.3% as more observations are made.

Over the next several weeks, astronomers will be looking closely at an asteroid called 2024 YR4 that could be as big as a football field as they try to determine how likely it is to strike Earth in 2032.