A Museum Is Offering $25,000 to Find the Meteorite That Just Struck Earth Calling all meteor hunters—a flying fireball landed in Maine that could contain valuable information about the solar system.

By Jonathan Small

Last Saturday, citizens in Calais, Maine, reported seeing a bright meteorite in the sky for over 4 minutes, followed by a loud sonic boom.

NASA confirmed the sighting, calling it the first-ever radar-observed meteor fall in the area.

Now a local museum is offering a reward for finding the meteorite somewhere in the woods between Maine and the Canadian border.

Darryl Pitt, head of the meteorite division at the Maine Mineral & Gem Museum, told CNN the reward was for a meteorite piece found that weighs 2.2 pounds (1 kilogram) or more. But he conceded that the museum would be willing to pay for almost any part of the meteorite.

Pitt warned meteorite hunters to be careful in their search for treasure.

"Finding meteorites in woods of Maine. It's not the simplest of the environments," he said. "It's a sparsely populated area but not as sparsely populated as where most meteorites fall — the ocean," he added.

Why the bounty?

The Maine Mineral & Gem Museum in Bethel, Maine, knows their meteorites. According to its website, the museum "exhibits the largest display of Lunar and Martian meteorites on Earth." Not bad for a tiny town of 2,600 people.

What makes the space rock so valuable as to warrant a reward?

Of the estimated 500 meteorites that reach the Earth's surface each year, less than ten are recovered, according to the Planetary Science Institution. This is because most fall into the ocean, land in remote areas, or are not seen to fall (during the night).

What's rare is precious.

"Meteorites that fall to Earth represent some of the original, diverse materials that formed planets billions of years ago," according to NASA. "By studying meteorites, we can learn about early conditions and processes in the solar system's history."

Meteorite fragments can be tricky little buggers to find. They resemble Earth rocks but usually have a burned exterior that can appear shiny.

Jonathan Small

Entrepreneur Staff

Founder, Strike Fire Productions

Jonathan Small is a bestselling author, journalist, producer, and podcast host. For 25 years, he has worked as a sought-after storyteller for top media companies such as The New York Times, Hearst, Entrepreneur, and Condé Nast. He has held executive roles at Glamour, Fitness, and Entrepreneur and regularly contributes to The New York Times, TV Guide, Cosmo, Details, Maxim, and Good Housekeeping. He is the former “Jake” advice columnist for Glamour magazine and the “Guy Guru” at Cosmo.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Buying / Investing in Business

Former Zillow Execs Target $1.3T Market

Co-ownership is creating big opportunities for entrepreneurs.

Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

Business News

MrBeast's Holding Company Could Be Worth $5 Billion After Its Latest Fundraising Round

The YouTube creator is reportedly in talks to raise funds for a holding company for his various businesses, including his snack brand, Lunchly.

Business News

Meta Says It Has Fired 20 Employees For Leaking Information: 'We Expect There Will Be More'

Meta has a strict no-leaks policy, but internal memos and meeting recordings have still made their way outside the company.

Side Hustle

I've Made Hundreds of Thousands of Dollars With a Fun Side Hustle — And You Might Have Seen Me Doing It on TV

Phil Schraeder, CEO at GumGum Advertising, turned a childhood passion into a lucrative side gig.

Branding

How Businesses Can Capitalize on Emerging Domain Name Trends

The potential of new gTLDs and emerging domain trends is reshaping how businesses brand themselves online. Here's how you can stay ahead of the curve.