The centerpiece objective of the NASA New Horizons first Kuiper Extended Mission (KEM-1) was the close flyby of the Kuiper Belt Object KBO) 2014 MU69, nicknamed Ultima Thule. On 1 Jan 2019 this flyby culminated, making the first close observations of a small KBO. Initial post flyby trajectory reconstruction indicated the spacecraft approached to within ~3500 km of MU69 at 5:33:19 UT. Here we summarize the earliest results obtained from that successful flyby. At the time of this submission, only 4 days of data down-link from the flyby were available; well over an order of magnitude more data will be down-linked by the time of this Lunar and Planetary Science Conference presentation in 2019 March. Therefore many additional results not available at the time of this abstract submission will be presented in this review talk.