Even if that was the mother ship from Betelgeuse, there is no way to determine it from the video, or the breathless, indignant jerk providing the commentary. I see a light, a point source, nothing else, no details. It doesn't change except when the camera goes out of focus. No background is there to help put it in perspective, to help judge distance, direction, motion, angular velocity, nada. I can't tell if the object is moving, or if the camera is. All I get is this idiot self-righteously saying "I told you so, it's a UFO." All I can say with any amount of certainty is that it is probably not a hoax. A hoax would at least have some interesting details. This is just a featureless light, one bit of data. And I mean "bit" in the computer science sense of the word: a "one" as opposed to a "zero". The smallest possible amount of information.

I can't tell you what it is, but I can speculate. It is probably an ordinary object or event that the observer has misidentified as an extraordinary one. Or it might be an unusual but natural thing that is not often seen, like swamp gas or ball lightning, a secret military test or a mirage. If it isn't that, it might be a ghost, a demon, the spirit of god, a time traveler, or maybe a spacecraft from another world. You can't guess from what's on that video.

So I guess it is a UFO. But remember, just because you can't tell exactly what something is, doesn't mean it has to be anything interesting.