Meteor Shot

Meteor Shot is an ammunition item used by any gun that can use Musket Balls. It can bounce from any surface once or penetrate up to one enemy.

They are uniquely useful in that they can be used to locate landforms which might be too far away to see, such as Floating Islands. Simply fire the shot up into the air and see if it bounces back. Since Meteorite is relatively easy to obtain and renewable, it is simple for endgame players to stockpile this sort of ammo. Meteor shots work with any gun other than the Star Cannon and Space Gun.

History
Prior to version 1.0.5, the Meteor Shot's crafting recipe was 1 Meteorite Bar (and no Musket Ball) for 100 Meteor Shots. This was an un-documented change.