Asteroid 2024 YR4 has a 1.2% risk of impacting Earth on December 22, 2032, with an estimated diameter of 55 meters and potential energy release of 8 megatons of TNT, though this is highly uncertain. Currently rated level 3 on the Torino scale, it is expected to miss Earth, likely impacting an ocean if it does hit, which would be harmless. The observation arc is short, and improved orbit estimates are anticipated soon, with the asteroid being a candidate for a potential redirect mission in late 2028 or early 2029. Discussions highlight the importance of monitoring and possibly diverting the asteroid to minimize risk to populated areas, particularly near major cities. Overall, while the asteroid poses a concern, the likelihood of a significant impact remains low.